This share currently played by syndicate obviously. Big volume without no annoucement of new shareholder. However, let us put it aside. Look at the chart above. On 16th of April, its forms doji which indicates indecision. Then, on 17th of April (i.e today) its forms a downtrend candlestick. So, to confirm a downtrend, you have to wait till monday. if the closing price is below the closing price on 17th april, then its a downtrend. However, like i said. This share was actually played by the syndicate. So, the syndicate can draw the chart easily. My advice? Sell as long as you can take profit. 1/2 cent also is a profit
Inv3stor ever wonder where are murali & amy_xxx, god of prediction ** 17/04/2015 11:11
God of prediction? Wah, sounds really big....I am here to share my experience only...I am long enough in this market to see all kind of tricks...if you think it doesnt make sense just hentam kuat kuat now and praying for RM0.20 or whatever TP u wanna set...good luck..
They still have around 2 weeks to play, but just be extra careful when it's approaching 05 May....dont play play with the 200% new shares...as for long term, that will be another story
Agreed with murali that the additional shares should be a concern for short term players... If I remember correctly, the MOU/talk will take 3 months so expect the push to come approaching the deadline or some concrete deal done.... IMHO...
Sorry bro I guess that is the million dollar question to answer for everyone... But if the GST deal materialises, it will bring in multi-million ringgit income as compared to latest q profit of hundred over thousand..... So 8-10 times more than the current income? For tp in that scenario, your guess is as good as mine... Happy trading....
Gst is just one aspect...main focus on cloud computing, which is the in thing right now...the catalyst now is the creation of JV...once this is setup...I would say it more or less auto pilot up :-)
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....
stonenut
2,776 posts
Posted by stonenut > 2015-04-17 16:40 | Report Abuse
Then how? Buy, sell or hold? Later fly like ifcams how?