No wonder while closing price dive downhill . Must be QR in red territory and have been discounted since it needs time to recover after suffer huge losses from the previous administration's utilising the company funds to offset massive debts incurred by the corrupted crook's government. Those who intend to buy can collect cheap 2morrrow . Just my 2 cents opinion .
@Sinoboy.... thank you for seeking my opinion. The closing price today indicated that sawit is very lethargic as shown by a shooting star candlestick on its chart. If you do not understand about it, kindly watch the video as posted by EVO118 as above. Sawit obviously need some rest before it could recharge upward. Maybe it is much better to stay sideline whilst waiting for the QR to come out.
Tomorrow should provide better clarity...if it close in the red then the trend reversal is pretty much confirmed. As I mentioned earlier, there is nothing wrong to take profit. Trade wisely and better be on the safe side.... Thank you once again....
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....
beinvested
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Posted by beinvested > 2019-02-21 12:29 | Report Abuse
Strong support at RM1.31