@wee636588 basing on the daily price trend curve expects the stock to touch its historical low by end April or early May.This stock has very poor fundamentals to vouch for, and buying support momentum very weak. Not prudent for the investors with hard earned money to put money in such stock.Who will be the last unfortunate ones catching the "falling knife"
I just peruse through a number of official disclosures made by the company in term of Shareholdings. One that caught my rapt attention is Company not making money but Director entitled to subscribe for long term Incentive Plan at ONLY 0.17 cents. You be the judge.I would not mind such incentive for the Directors offered IF the company demonstrates high performance year in and year out and making bumper profits for the shareholders which is paramount important.Win-win outcome or one for ALL or ALL for one.The rest I leave it to you to deduce further.
Expects stock price to trend downward in the coming days going forward. One also needs to peruse at MACD and RSI trend charts.Both were not supportive of any positive price uptrend.The price resistant at 0.81 cent has been breached signalling no price support.
@Jeju88 Now closing price below resistant of 0.81 how? 13/04/2021 5:59 PM
Apologies for the late reply Ok answer is - Just treat daily closing price below 0.81 as downtrend because as long as unable to close higher than 0.81, can forget about TP 1.00 or higher.
Please note i am refering to closing price. Not refering to intraday price.
Resistant 0.81 Closing price 0.755 support 0.74 Support 0.63
Closing price if close below support 0.74 means downtrend. Closing price if close above resistant 0.81 means uptrend. Tomorrow watch if break 0.74, next support is 0.63.
Verdict - today it went below 0.74 to be at 0.72. However it closes above support 0.74. Not very good. Good stock must always be breaking resistant.
@Miz Raya Bloom kalau baca news online banyak negative, susah nak cakap, kalau berani beli ler, tapi ku rasa beli BJGROUP and gang lagi bebaloi, price pun tak tinggi lagi, hanya pendapat peribadi kikiki 07/04/2021 11:00 AM
BJLAND is not that easy as you think lah. Don't waste time there. Read messages posted by me there today please.
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....
northside
137 posts
Posted by northside > 2021-04-13 09:47 | Report Abuse
0.20 dream come true