Foreign funds are collecting the shares today as more data centre will be build at Malaysia in the next few years. Buy the shares now before it is too late. Target price 1.35 ___________
This one if rm 1.3x then vstec should be rm 11 loh
"RHB sees Johor as new capital for regional data centre hub, dismisses oversupply concerns."
The way I see this news, it is more related to property market in Johor instead. Will more data centers being built benefiting HDD/SDD parts suppliers or not would depend their sales volume and profit margin in the past and upcoming quarters.
Jcy main customer seagate share price has bounce back from the correction(usd 92.10August) and hit record high now. Jcy will follows soon as the the revenue will increase significantly in the next few quarters. Buy now before it is too late. Target price 1.35
Jcy main customer seagate share price has bounce back from the correction(usd 92.10August) and hit record high now. Jcy will follows soon as the the revenue will increase significantly in the next few quarters. Buy now before it is too late. Target price 1.35
NVIDIA Corporation (NVDA) CEO Jensen Huang Confirms Full Production of Blackwell AI Chip Amid Insane Demand, JPMorgan Maintains Overweight Rating with $155 Price Target Usman Kabir Fri, October 4, 2024 at 11:52 PM GMT+8 4 min read
Just Cutloss Yourself as l lave mentioned many times from 0.90 but you still Just Con Yourself. This is what JCY is all about. Those who refuse to listen to my advise would have lost almost 50% since day one.
luckily sold all at 0.54 I admit i escape no fast enough..but looking back i am relieved as im not the last person on sink boat.
i would like to thanks Fortune Bro teach me to remain calm when riding on JessieY share..really need alot of patients and belieft for it to rise again..goodluck to you Bro Fortune
With something like JCY, you need to be able to do a few options.
If you want to cut loss, you cut loss quickly and firmly. Not wait until 50% drop or bigger. Too late by then. But the anxiety will be great too, you would need to learn to cope with that.
Sometimes you get lucky and get a 20% or even 30% gain within couple weeks. Then it's your call whether to lock in profit and wait to buy back at much lower, or to go even longer.
It's always your own call. Not so productive to be going around blaming scapegoating anybody else.
Immediate resistance is located at RM0.470, aligned with the 13-day SMA. A breakout above this could see the stock moving toward RM0.525, which coincides with the 50% Fibonacci retracement level and the 50-day SMA resistance. On the downside, key support is at RM0.430, with the next critical level at RM0.425, where the 200-day SMA provides a firm base against further declines.
For traders eyeing a recovery play, accumulating near the 5-day SMA at the RM0.435-RM0.455 range offers a strategic entry point. A take-profit target of RM0.510 offers an upside potential of approximately 12% to 17%, while a stop-loss set at RM0.420 minimizes downside risk to 3.4% to 7.7%. This risk-reward profile is favorable for those looking to capitalize on JCY's potential rebound.
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....
NatsukoMishima
7,983 posts
Posted by NatsukoMishima > 1 week ago | Report Abuse
@Nani
Foreign funds are collecting the shares today as more data centre will be build at Malaysia in the next few years. Buy the shares now before it is too late. Target price 1.35
___________
This one if rm 1.3x then vstec should be rm 11 loh