Look at K1, result good, also drop, same situation occur with many other counters too : 1) Global Market uncertainty - U.S interest rate hike coming December. 2) Tension between Russia/Turkey. 3) Commodities slump - especially Crude Oil. 4) China slowdown. 5) Locally -Recently Foreign is the Net Buyer but Local Retail and Local Institution is the Net Seller of our stocks market.
OPENSYS has been trapped inside a symmetrical triangle line since peaking out temporarily at a 10-year high of 36.5 sen on Aug 5, last year. A positive breakout of the 33 sen would signal an uptrend continuation, enroute to the 42-sen level or the 47-sen hurdle and probably a re-test of the all time high of 67.5 sen later. In stark contrast, a negative breakdown from the 26-sen line is likely to witness prices falling on renewed selling pressure.
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....
LaoLiu
1,307 posts
Posted by LaoLiu > 2015-11-27 12:53 | Report Abuse
Time to Buy Opensys..