Huatkopi - totally agreed. God only knows why the Board fail to push the shares. News of their ventilators approval hold so much promises & their cloub based acquisition fuel optimism { at last only hype & false hopes }
You look at the price and volume, you will know it is a weak laggard. Other HC need to limit up before it can climb more than 5 sen. Like I said, problem with management not willing to put their money where the mouth is. Despite all the hype and potential, share price still at languishing at bottom. Anything below 0.40 is considered non value added.
Time wait for no man.... that is the answer. If you ask mh87, he will tell you to wait... .. Tomorrow, next week, next month, next QR and next year QR.... Tunggu sampai..... Gila...
The only news is QR, either deeper loss or less loss depending profitable Cloud biz vs unprofitable EMS. Unlikely to be profitable since no HC order yet. I guess that's why share prices slumped and still unable to recover.
You can no longer earn big money playing this counter, unless out of the blue announce good news. Sell if cross 0.40 as history proven many times price surge unsustainable. Many retailers wised up to its pattern already, that's why they are more ready to throw for small profit than hold without certainty it can climb back to 0.50 and beyond. Trust and faith have to be earned, cry wolf too many times and they no longer believe. Hope the management take note, share price is their responsibility too to defend.
it is true it continue to break support, but i analyze base on support and resistance, i'm not denying it will go lower and lower nor i deny the possiblity of going upwards.
since suddenly price open higher compare to yesterday closing price..
now it is looking for pivot point eventhough we dont know is it strong support or not..
if tomorrow drop more, probably it will touch 0.32...
it is never my intention to give false hope but i give commentary based on charts..
so far, downside percentage is higher than upside..
do look support and resistance line, and monitor macd signal, sudden buying volume persist if continue possiblity of touching 0.38, nearest resistance
if selling volume continue, most probably looking at support 0.32
silverware if u are using rhb tradesmart, you could see using template stock tracker and intraday chart, lower left side panel shows price summary with buyer and seller volume with respect to price
just analyze the stock and chart beforehand before buying any stock..
base on today pattern, it is high possibility of moving downwards if did not break resistance of 0.38 since today noon chart pattern looks like gravestone doji to me
beware of your position and monitor closely.
this is not a suggestion of buy or sell, just my own analysis
Stupid , don't buy this stock hardly to rebound and more tendency to downtrend .. further and further down. Cut loss.up only temporary and pull down is more stronger force in this counter.
buy stock, thanks, i am not using RHB. I was using pickastock website but it has been down for a few days already. I was planning to see who is buying and selling it since the price is just about there.
No doubt The counter has potential, for able to produce nasal swap and ride the cloud-business sector. However, not sure how many of you really go and estimate its intrinsic value based on its future earning by each sector. You guys have to know that GAP is js the reseller... The profit margin will not as high as cloud-infrastructure owner. Plus, the ventilator is still in beginning phase of building up prototype. There will be sizeable operating cost upcoming It's long way to go, the price is not really cheap right now. Of course, this is just my personal opinion. I might be wrong for people who can keep making money in the small fluctuation of its shareprice. But I hope it makes sense for people who will be investing from a business perspective like me.
tomorrow possibly going near 0.38 until sufficient volume to push up to next resistance 0.42, nevertheless, it is only prediction, should monitor volume and pice movement,
the only different in this stock is 3d nasal swab, which still in doubt of the production and sales, no breaking news related to ventilators,
do take note trend is still downwards, no change in trend despite closing green.. so be cautious,
price still not breaking resistance of 0.38, so there is possibility of going downward tomorrow..
i just share my analysis, it is our own responsibility to analyze..
Today's closing 0.38 not bad but still not good enough. Was busy with other counters that registered same or higher price increase but trading at half or 1/3 of K1 price. So you can calculate percentage wise K1 performance is only average. Purely budget play for possible higher allocation for HC sector. I am still holding though and I would not be clapping until it cross 0.45. Sustain is the key word which K1 sorely lack. Let's see tomorrow and next week K1 can prove it is a hidden gem waiting to be unleashed or still stay hidden.
Jameswong, same la.. when down mh87 missing enjoying lobster.. when up nolimitup missing enjoying lobster too.. see mh87 appear now to promote two QRs lol.. buystock say chart still downtrend but mh87 say strong candle.. basically dont listen anyone here la.. stay to your own trading style
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....
noobi3
892 posts
Posted by noobi3 > 2020-11-03 09:12 | Report Abuse
testing 0.35