i be back when it drop to rm1.50 or of there any Bombastic News....like QR result....opening Glove Factory or the best now. ..SOLE distributor to Sinopharm for Malaysia and Asean country...
Investors here getting overrun by truck for the moment. Yes...the chart will give an indication...that all but you need some SOLID fundamental news to GoRENG further....
My Salute is for GETS.....UMA 3 time.....LimitUp 2 days in a row....3rd Freeze price BUT next trading day...still go up ... And t need Bursa bulletin warning to stop GETS Bull run....
VivoCom failed in all dept if compare to GETS..
Both ViVoCom and GETS have no fundamental news at all......Only GETS managed to get to the finish line like a King.
Appreciate and thanks to SeeJovin for Chart analysis and word of thought..
My 2 cent, when any Share price below or around 50 cent below.......Chart analysis is our only tool but with rumor will propel it to go higher faster..
VivoCom since bullrun from 50 cent to RM2..is base speculation on Graph Analysis alone..
Without Fundamental News......When Stock hit from RM1.50 and above....it is going to be costlier adventure as compare it is still at 50cent... as you all can see...going sideway...up a bit..down a bit...
So Correction bound to happen ....will either fly up or drown in beer of sorrow...
Guys. There's also something called programmed buying/selling. They have a software. How do you think that the buying/selling quantity can appear and disappear? It's has been applied for many years.
seejovin is inside the private group also.. Actually all of us under then private group buy Vivo before share consolidate. So basically you know how much is our costs, No pain at all even drop 40sen for us.
Forwarded: Nov 20th: Vivocom Morning Session closed $1.78 with volume 36.5m.
After 3 weeks super bull rally, it’s normal to see heavy profits taking by short term market players.
This has slowed the rally down somewhat but essentially it’s a very healthy retracement as the uptrend is still solidly in tact and the Bulls are still in overwhelming command.
Below are my Technical analysis that Vivocom will likely enter a correction phase before staging an even stronger and more powerful rebound.
1. EW Trading Methodology ( Picture 1) A) Extended wave 5 no longer valid as the price move down to break $1.80, resulting in Elliot wave directional change, B) Vivocom has entered back in to wave 4 correction (bigger) and, the wave 4 target is $1.78 and $1.62, which is 23.6% and 38.2% of wave 3 respectively. C) I am monitoring a new wave structure emerging, a typical case is we should have internal wave ABC correction taking shape but not fully confirmed yet. D) We are in now Wave 4 of 3 development, which means that the overall longer term big trend is still bullish and medium trend is currently in correction. E) The wave 5 of 3 will resume right after it crosses $2.05 based on current price structure, and the target for wave 3/5 is $2.40/$2.70.
2. Candle stick trading methodology ( Picture2 ). A.Yesterday forming doji star which is indecision and the direction will give clear direction by today candle, if today candle close big red and this is an indication of the bull slowing down and entering a most healthy correction phase setting the stage for next sharper n more convincing n massive bull rally. B.After the correction is over, I believe Vivocom will resume next bull rally to cross $2.00 with conviction and determination before storming upwards onto much higher price levels. C) I will monitor the present correction phase and will keep my readers posted.
Steady your nerves guys as Vivocom The Surging SuperBull is still very much alive and fearless. Prepping itself for a more aggressive spurt up North sooner than you know.
I pity you @whizzkid......i buy lower than RM1.90.....Sold just now for a profit..... Can massage with vietmoi 8X....lo.
Just buy again at RM1.72 and sold again at RM1.80... Again now change taste to Tomyum lo.
I just gave my Honest view....it just a Goreng Share without any substantial fundamental news....just like GETS....i also Goreng and cabut ......Again make a bundle lo.
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....
wallstreet777
150 posts
Posted by wallstreet777 > 2020-11-20 14:46 | Report Abuse
BURSA MUST GIVE UMA