Gentleman,on 4th December Tuesday, Edaran open at 0.47 and went up to o.58 with 14 millions shares done , obviously it is a lot of contra players ( hot money ), yesterday only 3.4 millions shares done , still around 11 millions shares to be pick up or sold by today , due to T plus 2 trading day, just imagine ,if the transactions today is less than 10 millions shares sold then next Monday will definitely be a force selling day . So it is a big Bear Trap, pls do not catch the falling knife with your hot earn money.
I don’t think so...as you can see nowadays every forced sell say, the shares price will goes up..eg.zecon, scable, scnwolf,mct...and so on! I expect edaran will move higher on Monday!
Once EDARAN secure again contracts from immigration , price will gap up 50 - 65 sen.
on 4/12/2019 Edaran: Bags IT maintenance contract worth RM56.71m from RMCD . Edaran IT Services SB (Edaran IT) has secured a contract worth RM56.71m to undertake the maintenance work of hardware, server software and application of the Customs Information Systems from the Royal Malaysian Customs Department (RMCD). Edaran said the 24-month contract took effect from Sept 1, 2019 until Aug 31, 2021. (The Edge)
Any expert or sifu can comment this edaran..despite market so bad drop so much..but this edaran still up and sustained..any insider news as can share ...
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oskchoon
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Posted by oskchoon > 2019-12-06 09:14 | Report Abuse
Gentleman,on 4th December Tuesday, Edaran open at 0.47 and went up to o.58 with 14 millions shares done , obviously it is a lot of contra players ( hot money ), yesterday only 3.4 millions shares done , still around 11 millions shares to be pick up or sold by today , due to T plus 2 trading day, just imagine ,if the transactions today is less than 10 millions shares sold then next Monday will definitely be a force selling day .
So it is a big Bear Trap, pls do not catch the falling knife with your hot earn money.