Good opportunity to buy if panic sell happen again. Don't let go your ticket. Instead, you should take this golden opportunity to buy at low. SCIB share price already been retrace from the peak RM1.55 to as low as RM1.18. Currently, the price still stand above SMA50 and EMA60. You should not compare MCO2.0 with previous MCO. 5 essential business sectors are still allow to operate during MCO2.0 period. As I said before, Malaysia not afford to have another round of total lock down.
Thank you all for the "positive energy" & "unselfish sharing"..... ... felt so peaceful, energetic & calm without the "AnxonLiu's"@ noises.... Thank you....Thank you.... Baru ada omp !!!
#kitajagakita
@ Cannot write the correct name, nanti dia bunuh diri kalo lapat tau ramai tak suka dia....hee hee hee
Do make sense from your point of view. Right now there is will be no issue from the political side to disturb the market. Some counter remain as green but most of the counter in red.
Share price must stand above RM1.55 or higher in order to fix the warrant exe. price above RM2. I do believe the exe. price will fix between RM2~RM2.50.
Posted by Ally Yee Min Ong > Jan 12, 2021 5:00 PM | Report Abuse
Price close above SMA5 and SMA20 shows a strong rebound signal.
@Ally... do be cautious as this retracement is too shallow & too fast for a supposed big correction wave. Personally I feel this wave X rebound is only temporary & might end 1.50 plus minus before continuing with the correction wave which I'll be waiting between 0.95 to 1.05.. Then again coz I'm not Mr Market, I could just be wrong ;)
Recent negative market sentiment and MCO rumous have drag down SCIB's performance. Base on history chart pattern, I believe the correction already over. Thank you.
SCIB must stay at least RM1.55 or above in order to fix the warrant exe. price between RM2~RM2.50. As mentioned before, you should take the opportunity to top up more when market down.
Base on last 5 days VWAP ( volumn weighted Average Price), SCIB trade at 1.3225, So with 25%/30% premium, warrant exercise price range from 1.6531 to 1.7192.
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Ally Yee Min Ong
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Posted by Ally Yee Min Ong > 2021-01-11 18:44 | Report Abuse
No MCO in Sarawak state. Pls dont panic ya.