This Rapid when the results of the last Qtr was announced, it went almost limit up to 93 sen. I did advised don't chase but now down to 78 sen and nobody seems interested. Very funny lah 🤣🤣
Time to pick up some Last Qtr EPS= 1.72 sen NTA improved to RM 1.63. When results released price ramped up to 93 sen. There's no change in fundamentals only manipulating 😄
Perhaps, it’s time for me to take a tiny position in RAPID stock after 67% of my entire NVidia share holding were sold at almost its all time high record breaking stock price a few days ago.
I’m still not finish adding more RAPID shares into my stock portfolio. RAPID technical analysis is looking pretty good for a stronk bounce in its stock price after the horrendous bouts of LD that had crashed it from an enviable >rm20 down to an affordable <rm1.
It couldn't go below 0.745 the past 5 days, when there was majority odds of falling towards 0.70 a week ago. This is bullish price action. Now the path of least resistance is up. That's the thing about Technical Analysis - unlike fundamentals which hardly changed in 3 months, TA can change its mind very quickly, sometimes, as quick as a day and sometimes changes its mind many times over the course of a quarter. Both has its pros and cons. Regardless, nothing to do unless you are a price speculator who buys high hoping to sell higher (and takes a risk of being stopped out). The higher low past week provides a bullish bias.
Wow, RAPID added +10.5 sen in 1 day (11.73% increase). Thanks to RAPID, LCTITAN, HUPSENG and 22 other green stocks offsetting reds, my portfolio made new all time high again today. Worth noting that today's gain is the largest single day gain since I started tracking manually the porfolio gains since Oct 2023. What a wonderful feeling. Thank-you RAPID, thank-you Mr Market!
Rapid Synergy Bhd is a Malaysian company which is active in precision tool-making business. The operating segments of the company include Investment holding, Precision tools, and Food and beverage. The Precision tools segment engages in manufacturing of precision tools, dies, and moulds for the semiconductor, electrical and electronics industries.!!!A tech related company!! Others tech company are flying @@@@
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....
titan3322
2,723 posts
Posted by titan3322 > 2024-05-21 09:26 | Report Abuse
Those bought below 70sen sell now