No need big shark one. news of takeover at RM1 out.. Do u want to buy at 60 cent ?? Think about it yourself.
And the share capital is only RM80 mil.. Only few million owned by retailer, the rest is main shareholder. Main shareholder are selling at RM1. What to worry.
if still worried, enter if today closing price is higher then yesterday highest price, decide ur cut loss if no confidence and cant take the risk, it may go sideway or fall a bit in the coming new days.or it will strait goes up, depend on the shark and contra player, yesterday got big ticket.
base on the technical story, if the price is going sideway and the gap does not closed up in the coming three days, the price will likely be rocket shoot because contra player keep the ticket and the shark will play jaws attack.
correct me if i am wrong, we have about 47%buy rate right now, and it also reach more than half then yesterday volume, it could be seems that today's dealing is digesting most of the yesterday contra player (since buy rate is 47%+ the possibility of shark playing buy and dumb).
so if the shark doesn't smashed the price, tomorrow will likely to rise again, just my guess.
yeah if the buy rate is high, and the price is falling, it could be mean most of the buyer is traped today, and the next few day could cause panic sell, then the rising road could be in V shape or M shape, since there is rumor and news support lets hold until the news come out.
worst come to worst, it need to close 0.565 with lesser volume then yesterday, then goes side way for a few days or forming V drop to adjust back to the moving average. if it close below0.565, probably will cause panic sell and jaws attack to smash the price back to 0.55 or 0.46.
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....
apolloang
18,163 posts
Posted by apolloang > 2017-12-06 09:24 | Report Abuse
potentialghost where r u idiot? dunno about stocks wanna make big noise,bought one all dead fish like prolexus,eg and said caely no good