China faces energy shortage and reduce steel production significantly. USA faces steel shortage too. Japan cut steel production since the beginning of 2021
No wonder steel price is at record high price now. Steel stock hits history high level is highly possible now.
Brent oil price traditionally has positive correlation with steel price whereby high brent oil price promotes better capex and resumption of oil related economy activities.
AYS is one of the key players in supplying steel related products to oil and gas projects.
Parabolic SAR green ball appeared once the share price clear 0.76. Daily MACD is also hooked up, up trending will start very soon. The current share price is still very cheap.
I have more confidence once I read YiStock's report. He is a good investor who do his homework in great detail.
Posted by rr88 > Aug 27, 2021 10:55 AM | Report Abuse
Will come down to plug chart gap at 0.405. Sell! ---------------------- Ans : The share price of AYS breaks new high today.
rr88 is wrong again, those followed his advice are losing out again. Day trade will make peanut profit only. Buy and hold for > 6 months will help you to win big.
Later lar will come down 0.405. If you go for long term following otb backside you will lose more than half yr money proven again n again in dayang supermx hengyuan etc.
For short term now its toppish after a 0.815 breakout. It will stage a reversal in afternoon for a failed breakout n heads towards 0.68 for 0.14 - 0.16 loss a piece.
Posted by rr88 > Oct 12, 2021 12:10 PM | Report Abuse
For short term now its toppish after a 0.815 breakout. It will stage a reversal in afternoon for a failed breakout n heads towards 0.68 for 0.14 - 0.16 loss a piece. ----------------------------- Ans : I wish to bet with you.
If the price of AYS can drop to 0.68 for today, I will give away RM 10k to rr88 to settle his contra loss.
If the share price cannot drop to 0.68, I want an apology from rr88 for all nonsense remarks on me.
All readers here, please be my witness. Thank you.
For 30 yrs steel plays never last more than my fuk. The lousiest of players invest into steel bcause by default its a lousy sector. Earnings spikes hv been very temporary in nature. Its only for speculative plays. If you stay long enough you will lose more than half yr money proven again n again for the past 30 yrs.
The smart ones only go in to kick it around while its still hot. The lousiest of the lousies advocates to go in for long term.
Otb. You have not donated $10k each for your lost bet on supermx that 1. Vaccine out n approved by fda b4 before end of year 2020, and 2. Supermx share price wud drop below 6.00 (3.00 ex bonus split).
HOT STOCKS are good while they are still hot. When they turn cold, volume disappear, price drift lower n lower, die-hard promoters disappear and dis-own their earlier die-hard positive views on the stocks. Some with THICK FACE will start promoting other new hot stocks. The cycle repeats again n again. Those who are naive enough will lose big money.
Cut loss if you have a weak heart and do not understand how it works in Bursa, no need to listen to anyone in this forum, all just reference, do your homework and make your own judgement.
But ignore rr88, he has been long in the forum with all non-rational calls. everything he shouts is merely for his own desire.
Border opening play plus oil play only lasted for 1.5 day. Everything is coming down led by airasia. Dump it while the price still holding above 0.80. When the not so smart ones realize this, it will be too late. Dump it!
Posted by rr88 > Oct 12, 2021 4:48 PM | Report Abuse
Intraday DOUBLE TOP. Tp = 0.81 - (0.87 - 0.81) = 0.75. Btw you will never see 0.88 again in yr life time. ----------------------- Answer : The share price of AYS will break new high again. 0.88 is not the new high yet. Daily MACD buy just displayed buy signal after the share price of AYS breaks up above 0.76.
rr88 just simply passed his remarks without facts and figures. His technical analysis skill is below average. Let time tells us the truth.
All the analysis done by rr88 on AYS are all wrong all the times. Not a single time he is right. No point argue with me. Talk with facts and figures if he wants to win. So far he has zero mark, he failed miserably.
Aiya never learn ka. OTB brought many people to holland.
Supermx 12.00 to 2.30 Dayang 2.90 to 1.00 Hengyuan 18.00 to 4.00 Lionind 1.00 to 0.23 Jaks 1.60 to 0.40
The lists are endless. Ever wonder why all these never sustained and ended up in longkang? Ans: bcause its a longkang otb, its in his dna.
Its perfectly normal to lose money in stocks. Most people do. Otb also lost money but he keeps quiet about it. Ask him how much he lost in icon offshore. At 0.11 long ago i told him it was going to die there. His ego did him a lot of damage.
The thing is always cut yr losses short. If you bought at 0.87 dump it at 0.83 for a 4 cent loss. Dont follow otb again to holland by holding it until 0.40 for 0.47 loss.
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....
Jerichomy
4,346 posts
Posted by Jerichomy > 2021-10-06 15:59 | Report Abuse
Habis lar all steel holder..mayday mayday