On 04 Aug, Spot Gold Price broke resistance level 1 - $1,950, NICE price surged from RM0.09 to RM0.22 (gained 144%). On 07 Aug, Spot Gold Price broke ressitance level 2 - $2,020, NICE price surged from RM0.22 to RM0.38 (gained 72%) On 07 Aug, Spot Gold Price peaked at US$2,069.21, NICE Price surged from 0.38 to peak at RM0.51 (gained 34%)
FOllowing similar past trend, where Spot Gold Price is breaking resistance level 1 at US$1,950 where RICE is price at 0.255 should surge 144% to RM0.367 and continue to rise to RM0.631 to peak at RM0.845 once Gold Price break beyond US$2,050.
If NICE is performing at the same rate of past trend, it should rise from current price at RM0.255 to RM0.845, that's a 231% ROI within days. I could be wrong and past performance do not necessarily represent future result, but if the assumption is true, this is too good to miss.
On 04 Aug, Spot Gold Price broke resistance level 1 - $1,950, NICE price surged from RM0.09 to RM0.22 (gained 144%). On 07 Aug, Spot Gold Price broke ressitance level 2 - $2,020, NICE price surged from RM0.22 to RM0.38 (gained 72%) On 07 Aug, Spot Gold Price peaked at US$2,069.21, NICE Price surged from 0.38 to peak at RM0.51 (gained 34%)
FOllowing similar past trend, where Spot Gold Price is breaking resistance level 1 at US$1,950 where RICE is price at 0.255 should surge 144% to RM0.367 and continue to rise to RM0.631 to peak at RM0.845 once Gold Price break beyond US$2,050.
If NICE is performing at the same rate of past trend, it should rise from current price at RM0.255 to RM0.845, that's a 231% ROI within days. I could be wrong and past performance do not necessarily represent future result, but if the assumption is true, this is too good to miss.
Sensible analysis on this. Don't worry, the market will definitely whipsaw it left to right before resume the upward movement of gold-related stocks. Having said that, if someone picked up the stock an hour before close, it would be very unwise to offload your position today.
"If gold breaks 1950, another bull will be coming" -fxstreet "this is just a minor correction, we will be seeing a brand new all time high" -an expert gold trader (refer interview below) https://www.youtube.com/watch?v=f782ESqD5R0&feature=youtu.be
If you talk about fundamental, you are an investor. If you talk about technical, you are a trader. Each person has their own way of trading. And they knew their risk. respect each other and make money. If you dont have anything good to comment, then just ignore this page.
@sufian572 You want me to start talking about fundamental of this counter?? Fair value of the share is 15 sen. Low inventory only 16 million, low revenue from gold branch only 1.4 million. Q1 and Q2 quarter this year is the worst with less than 1 million revenue. You still think worth holding for fundamental?
End of this month when QR is out you will understand what i said. At that time everyone will panic sell because they will realise this counter has nothing much to do with gold. Only 25% of the business is now gold
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....
zacklee95
232 posts
Posted by zacklee95 > 2020-08-14 08:32 | Report Abuse
rally