saw many ppl said certain share will up, in fact more than 80% will drop eventually within few days.... those ppl from that particular company? or they may hold a lot of share and they afraid it drop further...
Technically not much sellers . A lot of buying position that y the price is now above 49. Further interest in buying will push price up . This will happen when people realise this counter has further growth potential .
Maintain buy for Hovid, as the appreciation of US Dollar and the weakening of Ringgit (3.7640), benefit the company sales from oversea markets. Gain from currency.
i have seen Vsolar and Kanger... seller keep the first selling price volume below 100k, once it reach about 10k seller will add another 50-100k... after 15-45minutes, seller suddenly dump their share to bring down the price by one tick, then same process happen again. Expect this share will drop till 0.32 by this week. As for today, it drop from 0.495 to 0.490 to 4.85, it exactly shown such pattern...
Vsolar (core activities are solar renewable energy business).and Kanger (large-scale manufacturer and innovator of all types of electronic personal vaporizers) are from ACE market...while Hovid is from Main market and in recession proof medical products...you are comparing apples with oranges...:)
I gaze at the ball and see great future value in Hovid. So buy and seek to collect more if down due to current market sentiment. Buy base on affordability of course and be prepared for all eventuality.
Hovid tested the short term descending line of 50.5 sen amid fresh bargain hunting interest. Another good day may push the stock above the 51 sen hurdle and open new windows for the bulls to challenge the historical peak of 56.5 sen or to explore uncharted territory.
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....
kingoftheworld
80 posts
Posted by kingoftheworld > 2015-06-06 08:19 | Report Abuse
hold tight guys..hovid will up~