The share price broke the resistance bar at RM1.19 to as high as RM1.21, before closing at RM1.19 with 64.71M shares traded.
Trading activities chased up in the afternoon session to 47.35M shares with the morning session done only 17.37M shares.
Buyers overwhelmingly dominated trading in the afternoon session. Of the 47.35M shares traded in the afternoon, 70.9% of the volume were buyers.
The overall buy rate today is 67.0%, highest since the share price starting moving on 2nd Nov. This itself is a very convincing n strongly bullish indicator.
Basically this signalled that officially the correction and consolidation from last Friday has ended.
We are now moving towards next exciting level with the share price trending upwards sharply to RM1.51 and subsequently RM1.79.
The tsunamic momentum engendered today looks unstoppable.
We now wait with bated breath for the charging bulls to come roaring through the gates and creating a stampede where there will be no stopping them once the floodgates have been stormed opened.
Irrational exuberance will undoubtedly be the order of the day and Vivocom’s share price will burst through the roof and soar to its all time high of RM1.79.
Enjoy the Surge guys as the Ride has only just begun. The BEST is yet to come!
Anyone can tell me which counter will up and which will down for sure? If yes will sailang all into the best counter and becomes instant multi millionaire, thank you!
I'm too bored of having multiple losing stocks, wanna sell all and buy ALL IN and get rich fast! Anyone? Nobody can predict with 100%? All can only shout after price rise/fall and not before? Come on guys!
Glove counter diving, bank counter correction, pandemic counters losing steam, leisure counter uncertain. Market direction uncertain, safer bet is Vivo. Where else to go? The volume is steady.
Thank you Spaceman27. But don't believe you coz only start posting 6th November. Don't want later get burn 6 figures again and really commit suicide that time. Anyone else?
Guess better keep cash for now and feel the flow...
sting79, depends on your counters, if some really has the potential, why not give a wait, by annual term your investment return will be still bombastic as for sure you bought the shares with reasons and fundamental. But if the shares has reach to your personal cutting point, I guess you could go in few into this counter.
The market with so many buys surely had something we public dont know. Either is pure goreng or fundamental establishment, buy few of it is worth holding.
I would suggest you to do your homework on buying anyshares. If not, I would suggest you to go to those blue chips stocks with premium discounts right now and just wait them to rebound in 1-2 years time. Annually the return is still by 10-20% with dividend guarantee.
Go and ask the uncles and aunties all lose money in gloves recently. Bank never move. Vivo everyday steady up. So what if goreng? just tag along la. Whats your objective? To make money or making patience?
687423 Go and ask the uncles and aunties all lose money in gloves recently. Bank never move. Vivo everyday steady up. So what if goreng? just tag along la. Whats your objective? To make money or making patience?
Sorry but there is always counterbalance in everything, so here I am in my own freewill warning people. Take care and try not to sailang!
Wow, what a spectacular trading session. Today’s stellar trading shows that this bull is just getting started.
Usually, a fatigue bull shows signs of slowing down such as diminishing rate of change, slowing trade velocity, overall lack of interests and every time the price moves up, sellers come down and sell it back down.
None of it is showing in Vivocom’s performance.
In fact, Vivocom’s trading is picking up.
Vivocom's share price again gapped up today, making it 10 consecutive days of gap up.
Vivocom’s share price closed at RM1.41, up 18.49% from yesterday’s closing. There were 88.51 million shares changed hands, of which 55.8% is buyers.
This is the highest rise in % per session since the share price started moving on 2nd of Nov. This shows that the bull is gaining stronger momentum by the day.
All of this are happening much faster than my expectation and in fact, I should revise my forecast upwards.
But being prudent, I retain my conservative target of RM1.79 in the immediate term, and RM3.80 by end December.
Can expect the price to soar to RM1.55 soon, perhaps in the afternoon session.
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....
anthonytkh
1,802 posts
Posted by anthonytkh > 2020-11-10 17:18 | Report Abuse
Tmrw will continue today’s trend for sure