This share price is attractive when below IPO, but at current value there wont be any surprise for upcoming quarter report. It will always remain at about same level, so it is not a really good stock.
Since the volume is low, may be it is a fake out. MTAG products are well diversified and its profit margin is high, no harm to accumulate and keep in the cool room for the next quarter result.
Volume much lower compared to previous 2 bottom reversal and price gap also smaller respectively. Look like technical rebound! The obvious thing 3rd bottom reversal. Generally High chance is strongest one compared to 1st and 2nd bottom upswings. Any sifu got ideas?
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....
MyInvest
496 posts
Posted by MyInvest > 2019-12-16 16:55 | Report Abuse
tomorrow will climb..... :)