The buying momentum has turned strong just like the selling momentum was strong for the past few trading days. It will bulldoze whoever on it's path including IDSS.
Bursa Tech Stocks oversold,as their earnings still strong,except Greatec.Overall drop around 40% vs Nasdaq drops 20% n Tsmc drops 10%!Silterra is lucky to have China CPG as partner,as it will not face raw material shortage,as China no sanctions Russia,still trading using Renminbi,no need go through SWIFT USD,as such they can buy raw materials from Russia.In fact,war good for Dnex,as Oil go up will benefit Pink,even though it is smaller scale,but profit still a profit.
To counter the MCDX fake indicator from China (result in sudden surge to chase high), buy bit by bit during bear. Split your fund into many small pieces. Or the fake indicator is just too powerful. When many are using it, it becomes accurate. Very hard to counter this expensive software (you can also make your own via tradingview). Now if you look at the live stream of the software demo, many are watching (compared to last year, only a few are watching). This means many are using the suggestions shown in the MCDX.
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....
KingDavid
2,666 posts
Posted by KingDavid > 2022-03-08 09:28 | Report Abuse
I am still very confident that those who bought below RM0.9 just now would be a good buy.