Agree with @cheeseburger. US ban will only be more serious. Dont wish for false hope.

hourly chart-wise, doesnt show any rebound signal yet. Stay and hold for a while.

Long term is alright. But most likely tmr will open lower.

Chart wise IWC is looking better. Anyhow, both IWC & EKO are too high risk. If you are not familiar with goreng stock or buy high sell higher, try to stay away. Or maybe get in after tomorrow. Chart wise, it is in uptrend mode. Should go higher sooner or later.

Doomstock, I guess you were buying the shares at the wrong time with the wrong price. There are always ups and downs with stocks. Just buy carefully will do.

Well, pullback from here. See you again until next ride!

May pullback prior going higher high. Be careful.

most likely next week will down...better take profit now.

Middle term chart did not bring a good sign. Might drop to a lower low before bouncing. Be careful.

With holding power, you may not need to worry. If not, you may need to set a stop loss price. Do not see any bouncing sign yet. Wait few weeks and see how.

Not talking bad about this counter. I bought UCREST before and will buy later. But this wave is in negative mood, no point self-comfort saying buy for long term hold. Why not buying at a discounted price?

Agree with pathfinder. No positive signs yet indicates some weakness. Company may have good prospects but now may not be the time to buy. May still be dropping in the coming days.

beachboy, right direction as in going south or turning north?

oops...going down to 0.22-0.24!

hold for 6mths, mostly breakeven or with minor gain. Those cant hold, better go now.

if this is a real retracement and not goreng, wont go downto 0.90 la...my guess is ard +/-1.00.

if u believe this is an uptrend stock, just keep. It's just start of retracement. Nothing special.

just don't believe too much of the IB's TP. Hardly they hit it...lol

Game over for first wave, start of retracement.

price dropped prior qr report released, seems someone expecting bad/not-so-good result. Be careful.

price retreating again...result out this afternoon?

0.34 seems it is just the beginning of the drop. dont rush in too quickly. better wait for the rebound signal.

simple rule to follow: good qr result, an uptrend stock, why cut loss? Buy during retracement and hold.

"once break 0.30, sure fly." But when only it can reach the resistance? Dun think anytime soon.

with uncertainty of oil prices in coming future (as Saudi had declared to tame the prices coming 2019), guess Velesto will more likely to move sideway for some while.

i believe everyone hopes you are right. But who knows? With trade war ongoing...

why dropped today? is it bcoz of the bonus issue?

if today closes @0.315, big chances going back to 0.300 range. Pray hard.

Although i may not be as optimistic as leek and gangnam, but im quite agree a rally might be coming soon. We cannot compare years to years performance on stock, when the time come, just follow the ride.

you sure? today goes down not up...

dun think will go up in the afternoon but as chaostrader said, it have potential upside in near future.

as per wish, going back to 0.410...lol

may i know why everyone is so sure QR is to be released today?

Appreciated. Keep it up.

600+points equivalent to 2.6%. It happened before. Should not worry the points (as Dow is getting higher number) but the market health and sentiment. While for the market health and sentiment, most economists are still positive about it.

bunuhsateman, this is the only time that i think u r right. So quickly leave this counter and come back no more. See you..............no!

Its performance dont seem right. Anyone is still holding?

Closing @0.405 is actually a good price as in steady move...but what is bad about it is that it went too high to 0.435 which will be a too great resistance to break...lol...anyhow, the price is above MA100 & MA200 which is still a good sign, it may not be going back to 0.380 but it may be a lengthy journey to reach higher.

as said, game is over.

game over.

it doesnt seem good if it closes 0.390 today...

dun think monday will be cheap. but believe the price shall move within the range of 0.380 - 0.410.

agree with leslieroycarter. Every stock has its ups and downs. This is a cycle and it is healthy. And if you are only going for those only-going-up stock, be careful with overshoot price.

sitia, why you would expect the news should be out for now? Mind sharing?

last qtr didnt post increased profit but this is the second consecutive qtr on falling profit. Only that it is still +ve profit.

anyone read the qtr result? any comment on it?

sinobobas, what do you mean?

freehooi81, of course I cant tell. Only that you have to analyse carefully the correct price to in and out and the holding period/time. Not worth it goes down after buying and need to hold longer period.

This is not a good news for the market, definitely. But this pullback is within expectation since KLCI has gone up all the way from 17Apr-1730pts to last Tuesday-1778pts. Whether this news will have a big impact on the local bourse, coming sessions are to be monitored and tell. No need to be too worry or too happy now.

This counter has too many warrants expiring soon. Over my past experience, this counter will usually control its mother share price (below/near-to the warrant exercise price) upon warrant expiration. Be careful.