As to rr88 remark, yes Technical cannot be used as a sole indicator of market movement. External factors can influence in some ways. That is why Technical gone haywire right after Malaysia's Election. So I tend to combine both financial + technical in my investment. One example of TA is Mass Index. In short, you only got so much bullet with you. Once your bullet runs out, you can only wait or sell. When the price starts falling, with your limited bullet you can choose to get lock down or sell. Historically, people dislike lockdown and will force sell.
Once sell-down occur, the market corrects itself and you got bullet to buy the next price you think it's good. Hence, the support line must depend on mass support to go up. Yesterday, I said market will be tested at RM1.47 because that's where you got bullet "but" you may not buy. TA is not everything but it has helped me to gain most value for my investment if you use them to your discretion. And true, not all comments matter :)
we still need technical analysis + data to start the process, than combine with the trend, news, roumers, etc.before deciding either to clik Buy or Sell...huhu.
construction theme just started, more project to be revived soon, Malaysia needs more development to grow, sell if you believe no more new infra and building project for Malaysia
You all can talk all day about long term aspects. But what i notice is, when big institution buy a share, usually a month or two after, they will disposed it. What the meaning of that? It show nowadays even big institution also play short to mid term. Not hold for years like when Warren Buffet is still younger. Even Warren Buffet also had a hard time to make money nowadays.
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Posted by WCT_ > 2018-07-25 19:19 | Report Abuse
How much Gkent order books? PDP can include?