When someone is locked in a room without windows, he thinks the world outside is also dark.....hahahaha.........when price goes up, he claims victory, when price is south, he calls to avoid........maybe a kindergarten kid could do a better job??....LOL
Lol some said enter after drop 30c, I am thinking if drop below 30c then I buy for what lol, bcs i think will up back 40c? what basis will be up back if drop so drastic now then......
1. The bear has come out from hibernation after a short period of rest and recuperation and ready to charge again in DNex
2. On April 14th the 9day moving average line has crossed over the 26day MA line from above to below and the gap between the 2 lines continue to widen. The candlesticks chart recorded consecutive red histogram in the last 6 six trading days and fallen persistently below both the moving average lines. The worst is yet to come.
3. The relative strength index RSI is now at 24 the bearish and oversold level which is a far cry away from the 45 points level on 14th April when the MA lines intersected.
4. Basing on the candlesticks chart, the MA lines and RSI indicators clearly confirm the counter is under enormously severe stress.
5. The bears went on a rampage and caused rapid destruction in share price with volumn and volatility.
6. One must be mindful, for the counter in my opinion has yet to find its bottom. If you must trade, than great care and prudence must be exercised. The counter is exciting and yet challenging. Any misstep could be fatal.
7 With the current pessimism and bearish sentiment surrounding the semi conductors and waffle industry and with MPI reporting a loss quarter, it is high improbable for Dnex to report good result with great earnings. And earnings is the strongest catalyst that uplift share price.
8. In the absence of earnings, a V shape and immediate price recovery is not expected. Hence, your indulgence with DNex could end up being a long term investor with diminishing return.
9. Be cautious and trade wisely. Happy trading 25/5/23
Basically, nonsensically, illogically, ludicrously and foolishly speaking, he is recommending a buy in Intergalactic, multi-verse space transporter rocket manufacturer/PLC...........is there anything close to a TSMC plant in Tanah Melayu???..............Laugh die YOU!!....so boloh!
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vespa
894 posts
Posted by vespa > 2023-05-25 16:21 | Report Abuse
poor mgmt ...into too many things as in most Malaysia boleh mentality