well, that's a satisfactory volume..i guess the possibility for reversal is there..but then, have guts to hold the price if profit taking happened 2-3 days onward..exit only if the price closing way below RM1.70..if price dropping below RM1.70 it'll shows the trend reversal is weak if it not happen at all
learn from the chart on 18/8 & 11/9..for ruberex, reversal trend is a confirmed if retrace afterwards didn't even go below 1/2 from the last marubozu..if the price maintain at that level, reversal possibility to uptrend is, HUGE..but if the retracement went down under until closing the whole last marubozu (for this time below 1.70 will be a good trigger in my personal opinion), then surely the breakout is fake & another selling pressure is imminent pointing maybe towards ~RM1.40 area
@Pandu1 nope..if today's BO is proven fake next day onward, the best bet to reenter is at 1.40 area, because the price might receiving more selling pressure, but let just hope that im wrong & the price repeated the same history they did before
Very tru ....doing home and get better result.. We must know very well...foundimental stock and the patent..n Not to forget the chart.... If not just buy penny stock...buy base on news...
Sorry kids i have try my best but many seller til i can tahan. I am already acquired 4,000,000 shares will continue sapu max is 10,000,000.00 take care and good luck
Good to see vaccine continue to make advancement but we should know it is not 100%. You still have to protect yourself as frontline and minimise risk of spreading to patient an patient family.
Do you know how much is the quarantine cost if you got infected? At least another 14 days in care. So, glove is a basic ppe and no one wanted to do away with it. You can't use same glove to treat others.
Everybody can talk @ vaccine, glove, mask, underware, hardware, software etc. Actually thats doesnt relate to d sharemarket. A place where people invest n gamble. Like the ordinary mkt, there r many types of people there. Long term investors n short term. Not forgetting the speculators. Dont forget what d sifus have said. Do ur homework. Study the graph movement n d financial performance of d cos. Happy investing.
All sophisticated investors should sincerely think of diversifying your portfolio with recovery plays
The top pick is Genting Berhad
Catalysts:
Vaccine FDA EUA (emergency use authorisation) and Full Approval Vaccine roll outs (UK, Russia; imminent US etc) Year end / CNY rally and Super Cycle Vaccine Malaysia approval/supply agreement/delivery/administering Resorts World Las Vegas & Resorts World Genting Theme Park US & Bahamas and UK & Egypt revivalWHO / COVAX approves and distributes vaccines WHO declares pandemic over Border opening / international visitors Genting Plantations (CPO record high) Genting Power, Property, Oil & Gas (cyclical sector in an upcycle)
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....
99newbie
238 posts
Posted by 99newbie > 2020-12-08 16:46 | Report Abuse
mosiong wong is the person talk without brain