when 0.095 breached already there's no point looking at this counter anymore, these people are really confused with what analysis to follow, when price up 1 ticks they say great volume come in, technically shows good sign, gonna shoot up soon. when the price went the opposite way they change it to fundamental analysis
@Karwai2021 I agree we should see chart, but key investment theme should be focused on company level and macro level for companies that are closely tied to economical activities.
KUALA LUMPUR: The signing of the memorandum of understanding (MoU) on transformation and political stability between the federal government and Pakatan Harapan (PH) will have a positive impact on the country’s economic growth in the fourth quarter of 2021 and beyond.
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic) said political stability would contribute to a more stable and conducive environment for the development of the country’s investment sector, capital market and economy.
“Overall, the implementation of stimulus packages, the reopening of economic sectors and Malaysia’s diversified economic structure have successfully resulted in the nation’s gross domestic product (GDP) growth of 16.1% in the second quarter of this year.
“The Finance Ministry is confident that the MoU will continue to support economic recovery and the GDP growth projection of between 3% and 4% for this year,” he said in a statement yesterday.
The MoU was signed between Prime Minister Datuk Seri Ismail Sabri Yaakob and heads of the PH component parties at the Parliament on Monday.
Meanwhile, Tengku Zafrul said the government would increase the ceiling cap for the Covid-19 fund if necessary to continue supporting the people and businesses that are in need.
1. Internal parties know something bad is coming, hence keep selling with some volume resulting in price drops.
2. A show between different coordinated parties to create bad technical/chart, and some fear mongering in forums to collect tickets before next planned push.
3. Natural buy/sell forces in the market (no operators involvement except for liquidity provision) causes price to keep dropping because of market sentiment, economic situation, global scenes, etc even though company performances are in the green compared with peers in construction sector.
I choose to believe in 2. In this case the operators are both the market liquidity provider (buy/sell queue magically appear/disappear) and the outsourced institutional investors for penny stocks (creating volumes, exchanging tickets, left to right etc).
@Target1 they have mentioned, it's just a drop for them to collect ticket before pushing it higher, happens every quarter, u know, since 0.180 all the way until now, the operator ALWAYS PUSH THE PRICE UP. LMAO hahahaha
peanutjam because the way how the price dropped is unusual the fundamental is good because of high ar. it makes me wonder if theis is same case like serbadk
Wow, I love this topic. Serbadk. I think when most people mentioning serbadk, they no idea what is actually happened, they just follow the trend and looking at what others said then conclude with their story.Do serbadk really having fraud case or KPMG is the one having problem ?
hahahha, Well, I agreed is two different thing, I think most of everyone cannot accept the drop, but catch the fallen knife. As warren buffet said fearful when others are greedy, and greedy when others are fearful.
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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....
Newuser777
222 posts
Posted by Newuser777 > 2021-09-15 10:11 | Report Abuse
when 0.095 breached already there's no point looking at this counter anymore, these people are really confused with what analysis to follow, when price up 1 ticks they say great volume come in, technically shows good sign, gonna shoot up soon. when the price went the opposite way they change it to fundamental analysis