Dont fight with the trend ! This is same pattern like glove stock when it started to downtrend but nobody believed ! At the end all big 4 dropped to nearly 5 years lowest price ! Many bilis burnt their hands !
Within 2 weeks many high price over goreng tech stocks vomit out atleast 20 - 30% share price , this is worst than glove stocks which took almost 3 - 6 months !
Fed’s Harker calls for ‘action on inflation,’ sees 3 or 4 rate hikes likely this year
Philadelphia Fed President Patrick Harker said Thursday he sees three or four interest rate hikes this year as likely to fight inflation.
The policy tightening would be in response to inflation that is running at the highest level in nearly 40 years.
While Harker expressed support for hikes and the end of monthly bond purchases, he favors waiting before decreasing the Federal Reserve’s $8.8 trillion balance sheet.
*Global market facing high inflation, latest US CPI stood at 7% so forcing Fed government aggressively hiking interest rate by this year to solve high inflation
KUALA LUMPUR (Jan 14): The proprietary day trading (PDT) and intraday short selling (IDSS) of Unisem (M) Bhd's securities have been suspended for the rest of Friday.
In a special announcement, Bursa Malaysia Securities Bhd said the suspension is due to the last done price of the approved securities dropping more than 15% from the reference price.
"The short selling under PDT and IDSS will only be activated the following trading day, Monday, Jan 17, 2022 at 8.30am," according to Bursa.
*Today already triggered 15% limit for PDT & IDSS, so temporarily take a breath but foresee next week more selling pressure once PDT & IDSS uplift again on Monday
Yr 2021 - glove & health sector massive sold off due to ASP keep dropping
Yr 2022 - tech sector rotated massive selling off due to interest rate hiking unavoidable
*Don't ever think to challenge with fund institutions since RSS, PDT & IDSS fully operating since 2022. We need to learn the past lesson from 2021 incident during massive turbulence on health sector.
just temporary small fake rebound created by banker n it wont rebound very high like previously ! After CNY u will know their real value which is 50% lower than now !
Semiconductor and Electric Vehicle stocks are still growing for next 5 years, I do not think technology stock is around the peak. I will still buy semiconductor stock especially Unisem when buy signal appears again based on TA.
No one will know the peak, only Mr Market will know the peak. Thank you.
We foresee tech stocks will follow the glove stock trend with massive sell down happening… cash out when the price is still good… don’t repeat the mistake again as we all witnessed in glove counters! good luck…
@OTB Semiconductor and Electric Vehicle stocks are still growing for next 5 years, I do not think technology stock is around the peak. I will still buy Electric Vehicle stock especially D&O when buy signal appears again based on TA.
No one will know the peak, only Mr Market will know the peak. Thank you. ____________^ Also no one will know the bottom until you heart broken n lost all your capital then Mr Market will tell u that s the bottom !
>>>>>>>>>>>>>>>>>>>>>> Posted by OTB > Jan 17, 2022 9:20 PM | Report Abuse
Semiconductor and Electric Vehicle stocks are still growing for next 5 years, I do not think technology stock is around the peak. I will still buy semiconductor stock especially Unisem when buy signal appears again based on TA.
No one will know the peak, only Mr Market will know the peak. Thank you.
Wil chinas booming EV market could swing to Unisems favor? Goldman scs seems t b bullish on chinas ev. Goldman Sachs says China’s EV market is booming — and names 7 stocks to cash in
Why China’s Electric Vehicles Dream Crashed & Is Showing No Signs Of Recovery Dozens of China’s huge and gleaming Electric Vehicle plants have now been abandoned. The production at the most EV making units has been suspended since the outbreak of Covid-19 in early 2020. An over-enthusiastic push for EV manufacturing in China resulted in surplus capacity. At present, out of 846 registered automobile manufacturers in China, over 300 are involved in manufacturing EVs. Watch the video to know more. https://www.youtube.com/watch?v=8HKm1CTViO0
Value will not appear so soon. Wait patiently for the right timing. When everyone is fearful, technology stocks may see the bottom.
Wait for good timing, wait for TA buy signal to appear. Get your cash ready to buy. I have been waiting patiently for the value and right timing to surface. All homework has been done and just waiting patiently for TA buy signal to appear only. Thank you.
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....
quahsb
591 posts
Posted by quahsb > 2021-12-10 10:48 | Report Abuse
rebounded again, and hovering 4.10-4.18