Yes. I knew a lot are buying at support 1.84 and sell at resistant 2.15. Making profit. But support 1.84 is nearly broken and this make me nervous. Other indicators like sma 3 and sma 10 are broken. However sma 21 not broken yet. Just saying please watch out for support 1.84. Thks.
superlimit88 Buletin Sasbadi Resistant 0.27 Support 0.245 Support 0 23 MajorSupport 0.21 Support 0.16
Price has risen from 0.16 to a high of 0.27. Now 0.245. Major support 0.21 tested twice but bounce back up. Good. Verdict - Uptrending provided price stay above 0.23 support and major suport 0.21
In support and resistant, whenever price breaks or fall below support, it is called downtrending. In this case previous support 2.57 Previous support 2.43 Previous support 2.15 all price fall below support. Now dataprep price 1.85 is about to break/ fall below support 1.84.
Please watch that support 1.84 is not broken. In other words price must stay above support.
In the video, I am classified as a long term trader ie. I buy when price go above resistant strongly with volume. I sell when price fall below support.
Normally i would give 0.05 buffer ie. 1.84 - 0.05 =1.79 before i reduce position or sell all. Just in case price falls below support 1.84 and bounce back up.
Will this stock be like another Transocean and makes make gullible investors in the market pauper!. All simply for following the herd akin to blind leading the blind. Look at Transocean price movement as appended here - https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7218
Very easy only la. Got limit up then operator want to push further. No limit up then operator don't want to push further. Sharks need quick quick one. No playing slow one because this is not growth stock.
Additional Listing Announcement /Subdivision of Shares DATAPREP HOLDINGS BHD
1. Details of Corporate Proposal Involve issuance of new type/class of securities ? No Types of corporate proposal ESOS Details of corporate proposal Exercise of Employees' Shares Options Scheme No. of shares issued under this corporate proposal 3,630,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.1700 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 620,912,817 Issued Share Capital ($$) Malaysian Ringgit (MYR) 75,841,517.340 Listing Date 03 May 2021
@py1818 don't be rude and uncouth.This apps is an open platform and everyone interested can write,post and share their viewpoints freely.Some of the facts may NOT be to your liking but why protests.The apps is NOT owned by you or manage by you.Poodah.
@mf normally for any good corporate company the ESOS is tied with the current or prevailing company's performance.If the company perform poorly then such approval for ESOS will not be approved or sanctioned.That's is part of good,progressive and diligent corporate governance.Thus looking at the facts and information disclosed it devalues the interests of the present shareholders' holdings with the new issue distribution. Such announcement has to be perused closely before putting money in buying decision. Just to share.
A company NOT making profits year after year and the financial performance in the doldrums and yet reward the personnel with ESOS! And that at the huge price differential to the prevailing market price.Opines for such company I will avoid buying the shares.Word of caution- be careful with what you are buying and investing from the market.
@py1818 Normally i would give 0.05 buffer ie. 1.84 - 0.05 =1.79 before i reduce position or sell all. Just in case price falls below support 1.84 and bounce back up.
Hi, im new to trading, been only studying but now only start to do deeper. For adventa case like today, what's your insight to sell at what price is considered good.
Here whenever resistant is broken ie. Price stay above resistant , it means uptrending. Whenever support is broken ie. Price stay below support, it means downtrending.
Yesterday price was 2.02 and today price break immediate resistant 2.12 to close at 2.26. This means uptrending.
@kit008 @py1818 Normally i would give 0.05 buffer ie. 1.84 - 0.05 =1.79 before i reduce position or sell all. Just in case price falls below support 1.84 and bounce back up.
Hi, im new to trading, been only studying but now only start to do deeper. For adventa case like today, what's your insight to sell at what price is considered good.
@papaxs normally for any company that made Private Placement(PP) the shareholders will react and drive the share price down. Reasons why the fall: 1. More new shares were issued at the discounted price and affect the present stock prices reached after adjustment for news issues. Dilution effect. 2. Affect the EPS if the company is profitable. 3. At times the ways PP or ESOS are managed cause destruction to the interest of the shareholders.Detrimental to the minority shareholders especially.So be careful with what you are buying.
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....
DreamHunter
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Posted by DreamHunter > 2021-04-29 18:18 | Report Abuse
aah