Ringgit still weak. USD is strong and will be stronger if based on FOMC recent meeting speaking. Oil price will take a long time to recover although Russia and Saudi Aradia freeze their production. Built-up inventories are simply too large. Iran commented "Ridiculous" on Saudi Arabia's invitation to join his plan. It is reasonable as Saudi Arabia has taken advantage of Iran to increase its oil market share when Iran was under sanctions.
What do you think? Hahaha Well, if you are trader, just follow the market and try not to be too greedy or fearful. Somewhere in between will be fine. Technical analysis will not always working precisely, i always consider it as a "smart guess tool" to time the market although it is impossible to time the market.
I think this Everygreen can run until end of 2016 already due to market sentiment.. wakakakkaka just buy and keep. World market sentiment is not allow RM back to RM3 .....Us is very unhappy about china=Korea, Japan Philippine is unhappy about china ....SA is unhappy about US ....Iran coming out to fight. Soon will see whose blood is bleeding.
Smart people push the price down to collect cheaper price with this aid of sentiment.
I foreseen it was hit the lowest 1.13 for today first half but bound back to 1.17 now. Someone is manipulated the share price. It could be good/bad but trust Evergreen Q4 result is present positive. Hope 2nd half will turn to green again!!
Something is definitely fishy here. The share price can go free fall without any negative news....then it can go back up a few cents and then free fall again. I believe thise big players are manipulating the price for their own agenda. The biggest losers are the retail players. Money all sangkut here.
One has to be rational in trading stocks. Unless you are a long term investor, one must have trading plan. No hope and no emotion. When your plan's buy or sell signal is triggered, carry out what you supposed to do decisively.
Don' t ever hope this will go up after you buy or hope it will go down after you sell. Mr market decides everything and every one of us is just a participant of the market. That's all.
I got accumulate at 1.18/1.19 becoz TP pegged @RM1.50. Hevea no problem .. but this green monkey suddenly shoot down and then got mental block at 1.17/1.18. But tomorrow will be very positive for this counter and all the xport counter as well with Hevea leading the way.
Currently ringgit and oil price sudah masuk jamban oledi. thats what i forsee barring any upside news for oil. Summore the Dollar index damn strong woh !
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....
JN88
11,670 posts
Posted by JN88 > 2016-02-24 12:03 | Report Abuse
Yoon 129 check back the record how evergreen up from r.1.5 to RM 2 last time... The same pattern