KLSE (MYR): PENTA (7160)
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Last Price
3.76
Today's Change
-0.12 (3.09%)
Day's Change
3.75 - 3.89
Trading Volume
1,051,400
2025-01-13
2025-01-13
2025-01-10
2025-01-10
2025-01-09
2025-01-08
2025-01-08
2025-01-07
2025-01-07
2025-01-06
MoneyGamer
189 posts
Posted by MoneyGamer > 2017-09-29 08:54 | Report Abuse
Trends analysis showed consistently high bankers ratio, while inflow funds into the stock is not picking up much momentum, resulting in price moving in up & down trajectory. My take from this analysis is that it is still in accumulating mode by bankers. At the present bearish market sentiment with KLCI still in sell-off stage, bankers are taking advantage of the opportunity to consolidate their buy at lower entry prices. But, once the inflow funds start to pick up with stronger momentum with better market sentiment, we can expect the price to move upward.