Should you buy Genm or Genting now! No, it's better to wait until April! Once borders are officially open, only then you buy! We have seen too many false start before!
wait till 1-apr is too late to buy. You will miss the boat by then. Singapore already announce will even remove the mask requirement in public by 29-Mar, they are open economy is no point to remain close the border.
I arrived a little late to the party, only taking a position on Wednesday at 2.87. I had hoped to buy between 2.75 and 2.80 but took my eye off the ball due to positioning myself in a few other stocks. My 2.87 buy was mainly due to chart technicals which were showing some mild signs of an upward trend. Yesterday's trading seems to have perhaps confirmed the upward trend.
Technicals are still looking positive, however there is that "psychological barrier" at Rm3 but increasing volume should eventually break down that barrier. For today (Friday) it would be a positive for the stock to see 9.5 million+ volume for this current upward trend to gain a bit of momentum.
GenM, breakout 2.90 was good news and if able sustain. Next resistant should =3.10. If able breakout 3.10 this huge resistant. Maybe will be rocket to 3.50.(Too many investor buy and stuck at 3.10-3.30)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kct153
250 posts
Posted by kct153 > 2022-03-17 09:28 | Report Abuse
UOB TP is mimpi la. esok apa jadi pun tak tahu, nak naik RM3 also very susah.