Daily MACD shows a buy signal and both red and blue lines are above zero level. This indicates a very bullish buy signal.
The pivot line of this Cup And Handle Chart is at 0.615. Once the 0.615 major resistance line is overcome, the Cup And Handle Chart is formed. The slogan for a Cup And Handle Chart is "the sky is the limit".
The next resistance at 0.63 is also cleared today, the major resistance to clear is 0.705.
I still have very high hope on Hiaptek, I hope this stock will not disappoint me.
Yesterday collected, today collect again, uptrend is for sure for steel stocks. Steel stocks will be the next booming stocks.. :) world wide need steel and China not outputting.
To me, the share price of Hiaptek move up north is very slow compared against AYS and Lionind. I expected the share price of Hiaptek to cross new high by now like AYS.
Hopefully, slow and steady win the race. Thank you.
Chinese government has asked steel mills in some 28 cities in northern China to cut production in the winter heating season – from November 15 to March 15, 2022 in order to clear the smog-blanketed sky in the region and to ensure the achievement of the country’s steel output reduction target.
Steel mills will have to follow their 2021 output cut plans and maintain cuts of at least 30% in steel production from January 1 to March 15, 2022, from the level in the same period in 2021, according to a statement issued by China’s Ministry of Industry and Information on Wednesday.
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....
goodiewilly
2,903 posts
Posted by goodiewilly > 2021-10-14 09:41 | Report Abuse
why bising bising here?? just focus in making moneys of these shares.
Give more valuable advises like OTB , Yobby, MrBusiness