During 2022 uptrend pattern also like this , starting with few cents up , then suddenly 10, 20 sens up with billion of volume , then hit rm 1.38 ! ========= i think that time this bad boy silltera not yet create loss million in every Qr!.. now, different story.. every QR rugi kaw-kaw
Its normal with a low share price to have high volume when going up due to the day traders and computers that buy and sell on algorithms to make 1 to 2% per deal. In DNEX case 0.5 sen is almost 1% gain so if the target is 1-2% gain per order they will keep buying and selling to take the profit. So I assume we need to trade 800- 1Billion shares to move up 0.5 to 1 sen before it becomes stable. When it hits 1 RM it will be a very different stock to trade. There is also small investors that keep taking profit of 5-8% so that will pressure the share price aswell. but eventually, the price will slowly go up once the benchmark has been moved without any news.
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....
HeLLo Cannot (=^x^=)
1,579 posts
Posted by HeLLo Cannot (=^x^=) > 2024-06-12 15:58 | Report Abuse
fall back. run before too late