From the above computed data based on Fibonacci Principle, currently Mi is at Bull-Bull-Bull region, it will rise to another new high on coming weeks if trading volume surge...And the target price of next surge as follows ;
(2.50-2.14) x 1.618+2.14=2.72
the pyramid corner is at 2.73
Note : the above write-up is purely for educational purposes...
See if able to get any cheaper this afternoon. I think the chance gap down lower might only happen today and the market digested the Vitrox factor very soon.
Mi Technovation Bhd has proposed a bonus issue of up to 250 million new shares on the basis of one bonus unit for every two existing shares held, to reward shareholders of the semiconductor assembly equipment solutions provider.
In a statement to Bursa Malaysia today, Mi Technovation said the company also plans to establish an employees' share grant scheme (SGS) of up to 10% of the group's issued shares.
Yes. U r thinking with ur foot. U r not investing. U r just guessing the the price movement. The company has spent huge capex for expansion expecting to double the rev. We buy MI base on the company vision. U like playing guessing game that's fine but no need to show how shallow u r.
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....
monetary
4,447 posts
Posted by monetary > 2019-10-21 09:58 | Report Abuse
wow! who pumped in Ron97? Vroooooom