The share price of CITAGLB (7245, main board industrial stock) fell from a high level of RM1.95 to RM1.22 in early 2023, but the rate of decline in the share price has slowed down relatively and has entered a period of consolidation. As the head of state continues to increase his holdings of Zida Global's stock, the stock has recently attracted buying interest again. The stock price broke through its consolidation pattern and gradually rose, forming a rounding bottom pattern. A round bottom is usually considered a positive sign because it indicates that market sentiment may have shifted from pessimism to optimism. This trend may indicate that market participants are optimistic about the stock's prospects, and therefore the stock price is expected to rise. But is this actually the case?
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....
Rio2814
1,942 posts
Posted by Rio2814 > 2023-11-03 20:23 | Report Abuse
Sikit je bro