RM4.86 is another obstacle to be circumvent.

Share price of REDTONE had hit RM2.50 before, when it initially listed.

It will perpetually move side-way for another 2 to 3 trading days to make up THE RIGHT SHOULDER, then after share price will strongly propel to higher value.

It plotted a dragon-fry doji, so hopefully next week share price will appreciate.

It tries to plot Inverse HEAD and SHOULDER candle stick graph recently.

It plots CUP and HANDLE candle sticks graph, so hopefully starts to ascend soon.

Starlink is for Tesla autonomous driving electrical vehicle or car which need AI chips to do self driving.

RM14 million profits for March Quarter can propel to higher value but still going side way

PE:60 at RM4.49 another obsticle or resistance. hopefully will break fast.

After 1st quarter 2024 profits of RM30 millions, earning per share (EPS) move from 7.04 to 7.49

PE=56 is RM4.19 which encounter another resistance

Why numerous technological companies can violate PE:55 and proceed to reach more than PE:55 in their value elevation.

Frontkn PE: 54.52 can not cross RM 3.9 which is PE: 55 whereas Vitrox PE: 57.18 and Unisem
PE: 77.46

support at RM0.93 it trys to make double bottom before ascending

wallstreetrookieNEW - you know nuts and talk nonsense. Share price does not depend on intrinsic value but Share price depend on profit of company per quarter or Earning per share; if EPS is high, Share price must fellow to appriciate to higher value.