Contra player does not matters but big sharks dumping is matters most, since they capable to consistently teasing selling at low to create avalanches of panic selling, rolling to price collapses at the closing bell. Definitely required big numbers of buyers also consistently absorb and response to teasing whenever it appears.
At any price at the top of buy queue buyers must queue there in big numbers. Meanwhile remaining of your resources be able to buy on the selling queue.
If no big wall building up at top of buy queue that just easily by a single swing of selling sequence, then it is futile effort to buy big volume at the top of sell queue.
Big brother /dumptrucks is going to teach lessons for those who dare did gap up this earling morning, and assuring hard knocking one by huge selling pressure destroyed 0.110,0.105, 0.100 momentum. Lol.
Last 5 days downtrend, today 1st day to go uptrend, may rolls the momentum in the coming days. Its made it 0.170 a week before and may break again in this coming days.
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD ORION IXL BERHAD
Type Announcement Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD Description ORION IXL BERHAD ("ORION" OR "COMPANY") Pursuant to Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, we set out below details of the dealing in the Company's securities by the Executive Director/Chief Executive Officer.
Name of Executive Director/Chief Executive Officer: Encik Mohamad Shaharul bin Mohamad Shariff
Date of Dealing Number of Shares Price Per Share (RM) Percentage (%) Transaction 14.08.2020 5,614,600 0.145880 0.721% Disposal of shares through open market. 14.08.2020 10,000 0.095000 0.001% Disposal of shares through open market. This announcement is dated 17 August
I think today director also got disposal, he is the 1st person to know the company situation if got good news he wouldn't disposal the shares this is the thing I worry..
Pursuant to Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Orion wishes to inform that Encik Mohamad Shaharul bin Mohamad Shariff, the Executive Director/Chief Executive Officer of the Company had on 11 August 2020 given his notice of intention to deal in the securities of Orion during the closed period pending the announcement of Orion's fourth quarter results for the period ended 30 June 2020.
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....
Kamapokteh
22 posts
Posted by Kamapokteh > 2020-08-13 18:11 | Report Abuse
Flush contra player