So far, only hot money responded to the announcement, as u all know hot money will not hold any share, they buy in and sell out on the same day.. Make their money and hunt for next counter... IB will not come in until a company proven making profit.. YOY n QOQ must be good first then IB will consider... For K1 ..although looks like moving to the right direction, but the QR has so far not impressive yet.. There is quite a long way to go, hopefully next QR can show the true colors of K1.
Chart wise, not looking good at all. Previously broke down from its sideways support of RM 0.35 and rebounded back up recently.
Unless it breaks above the RM 0.41 resistance, it's still in a sideways trend without any significant movements. I know it has some really good prospects recently, but if the market doesn't support is, no use also.
Monitor for now first.
Support: RM 0.35 area Resistance: RM 0.385, RM 0.41, RM 0.44 areas
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Auspicious start 2021, red red. If supporters want to use another "to be fair..." excuse, look at HC counter Bcmall which has been slowly trending up from 0.28 to 0.33 since last week without news, strongly supported and no pump and dump like K1. BOD, Management please learn to support your own company shares at above 0.40 then we talk about momentum and strength.
Rebound little and pull back due to selling pressure. I think the major shareholders are unloading and cash out because they so much of shares from ESOS.
Intend to distribute, will sell... Blah blah! Believe only what you see in share price. If IB is not putting money in this company except hot money pump dump, there is not much to hope for big price gain and sustainability. Just play along pump dump 2 cents if can get 0.33 to 0.335 next 2, days.
Yes, exceed 0.40 to keep negative comments away. Exceed 0.50 to reduce negative investors. Exceed 0.70 to shut us completely from this forum as too high for ikan bilis investor like us. I like this idea very much... Hahaha!
yes like mh87 say 2021 will be k1 year... Pray hard everything k1 have now will turn into big business.. Only with profit then the share price can genuine move higher.
Mh87, if we all follow your way, we have missed the chance to sell at the price of RM0. 70 to 0.40 The staffs have sold most of their shares recently. If the company is so good why do they sell?
Bacause the staff or insider knows more than the average investors who day by day keep hoping price will rise to 0.70 again. That's what we call lost opportunity and time... they see it go up but less than their tp, then to see it down again. And the cycle keeps repeating on every "good news" while syndicates earn multiple rounds
If lockdown we got more chnace to buy below rm0.25. My friend said their boss is non stop selling. They have so many esos shares in hand and want to cash out. Got another anouncement soon.
calm your tits down over the vials announcement.. its nothing spectacular at all.. its like Apple announcing new version for Appstore lol.. why u all think will touch 40 cents?
Noobi3, it's hope analysis especially those that want to shut us up. T2 today selling. Just park 0.335 you might get it afternoon and tomorrow T3 cheaper if Dow plunged
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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....
Aries
659 posts
Posted by Aries > 2021-01-03 11:34 | Report Abuse
Agreed