@traderman somewhat agreed with you by looking at reviewing through the Technical Price Charts' Indicators.Presently,the stock is caught in the overbought situation.The Relative Strength Index(RSI)reading and trending is above the neutral zone.The price will move within a narrow range unless the stock price perked up.Even though other Technical Indicators like MA,MACD are supportive.Today volume on the low and similar for the past two days. 2.Watch out for the geo-political event in North East Asia where it was reported that North Korea may be test firing short range rockets next week on 18 October 2017 or later of the week as news media reported.
Outcome: Expect the stock price to be not bullish unless volume gapped up and North Korea stops all the sabre-rattling with Trump,USA:-(((
According to online news portal FreeMalaysiaToday, one of the potential beneficial hit list will be focused at the digital economy, automation, robotic development, big data industry and cloud services.
MS sell 1.47% of their total share and EPF sell 1.54% of their total share so far. Sell so little, you consider that dump? Aiyo, people want collect some to spend mah. MS and EPF not only 1 person trade leh.
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....
Ricky Lim Wei Yan
440 posts
Posted by Ricky Lim Wei Yan > 2017-10-11 19:35 | Report Abuse
MS and EPF keep throwing