@papaxs Support and resistant is one of many tools used in technical analysis. Can you youtube support and resistant videos. It can help you to understand.
But there are some traders that solely rely on support and resistant. I am one of them.
Also please watch hidden hands report before you buy any share. Knowledge is very important.
Here whenever resistant is broken ie. Price stay above resistant , it means uptrending. Whenever support is broken ie. Price stay below support, it means downtrending.
The QPCR that Asia Coding Centre Sdn Bhd provide is the best PCR model compare with what we use now. The Veri-Q Prep M16 (The model of QPCR) can extract DNA/RNA in short time (5 to 30 minutes) with 1-16 sample tests each run. Coming with compact size (12kg) can easily make this QPCR transporting to every place.
The government allocated RM 10 bil for COVID screening... Just let your imagination run wild on the LOA ! =) Don't get flush out !
The cost of PCR ... RM 350 to 500... price increase more with immediate result.
Went to the clinic and was told the screening number increase three fold... Long waiting list... need to do appointment some more...
@superlimit88 py1818...just my opinion ...if the counter dont have any warrant ...only have mother share soon or later will horeyyyyy.......hehehe 01/05/2021 5:15 AM
I agree with you. Warrant dangerous. That is why i buy a little bit for fun only. And employ cutliss strategies. Will still follow adventa because uptrending.
I think if you want to follow, i recommend 2 person - @py1818 & @superlimit88 Track record with buletin. Wakakaka..... Somemore buletin free of charge. Wakakaka......
Yesterday opening Gap up + 0.15 from previous closing. This indicated the pre buy out by insiders for the soon to be released LOA... However , closing at red due to Friday. Most traders will sold off their positions to minimise risk exposure. They will buying back their position on Monday ! Sin chew just released that MCO 3.0 might happen again... COVID screening is greatly beneficial! =) Cheers , buy when people in fear... weakness is good to add !
10 April - 1,510 11 April - 1,739 12 April - 1,317 13 April - 1,767 14 April - 1,889 15 April - 2,148 16 April - 2,551 17 April - 2,331 18 April - 2,195 19 April - 2,078 20 April - 2,341 21 April - 2,340 22 April - 2,875 23 April - 2,847 24 April - 2,717 25 April - 2,690 26 April - 2,776 27 April - 2,733 28 April - 3,142 29 April - 3,332 30 April - 3,788
A very alarming trend!
Just do a simple calculation on the LOA for Asia Coding ...
The verdict is downtrend and is based on past prices but Dataprep can still rebound provided price 1.81 now stays above resistant 1.84. Hope this clearifies the verdict.
When investing or buying stock or share from the equity market the public must also know the background of the company; Who are in the Board of Directors (BODs); The type of business they are in; Financial track records; Remuneration and incentives paid to the BODs; Forward earnings,etc. It is NOT just simply following the daily price trend and chase after the price sky-high.In the end such investors will lose back ALL the earlier gains made.Such stock investing or punting approach is NOT sustainable in the long runs.
2.Try to have a word with your investment brokers(remisers) and learnt from their experience. They can teach you some painful invaluable lessons.
3.Just to share the story about Elon Musk from Tesla.He was awarded stock options amounting to US 28 billions as in 2018 remuneration package agreed (Source: Bloomberg News,USA)because the company he helmed and captained makes bumper profits recently and not otherwise.Likewise for Apple,Amazon and many others.IF say the company has been losing money year after year(or every quarter) and the Directors were just appointed about three years ago, and yet awarded big stock incentives at the lowly price- underpriced to prevailing market price what tells you!
4. Read more and be wary eye before putting your money.
All technical indicators point to uptrending for supermax and adventa. Now covering supermax and adventa. Adventa key support is 2.12. To my friends here, easy money starts from next monday. Happy day trading, swing trading and long term trading which ever type of trader you are.
I am off to shopping with my kuen cheng girl high school 's classmates this weekend. Bye bye.
Advise those who have bought the shares to take profits(if any).Looking at the company's financials at the present share price of RM 1.81 is already very,very and very expensive(overvalued).When basing on information from malaysiabizstock the net tangible asset(NTA) for the company is ONLY 0.05 cents.Please don't be gullible and blindly following the crowds.A number of information disclosed by bloggers and others about the prospective profit flows in the billions arising is work of fiction.Surpised me when at RM 1.81 there are so many other good counters from BSKL that one can safely put money in.Think HARD!
Come on any ESOS,long term incentive benefit and private placement placed out are not in the greater interest of the minority shareholders who are holding the shares from the market.And that made at the great price differential to the prevailing share price.Shares that you are holding devalued.By all mean response but do it with sound fact and basis.
And do look at the financials - revenue streams which were always static, losses every quarter,negative EPS,negative EPS and to know more take some time to read through the company report. Be extra careful with your hard earned money.
Good luck to you if the share limit up tmrw. But strongly think even at the present price the share is already very much overvalued. I will advise anyone who follow you to be very careful and don't be caught foolishly holding the overvalued share.
Minority Watchdog group(MWSG),The Star and other media have written and published good sound advice to the general public to be careful with those counters that have their prices suddenly chased and spiked up with no sound fundamental reason.
The share price to be honest should downtrend and settle back to the fair price at about higher than its historical lows of around 0.17 cents. At the current price of RM 1.81 it is very much overpricedAnd what more hoping it will go higher and higher.What financial fundamentals to support the high price?.That basing on the analysis of the technical chart as appended here- https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=8338&mode=1D
Quite a number of persons here were trying to lead the newbies(who are new in the market) to follow without any sound basis. A2. Just like to ask them to tell us three(3) reasons that the stock price should rise higher from Rm 1.81? Investing is just NOT looking at the uptrend or downtrend of the stock price every day.It is more than that!. A3.Gunakanlah kebijaksanaan bila memberi ulasan dan komen berasas supaya tidak meragukan pihak orang ramai. A4.Melabur dengan berhikmah.
@superlimit88 To newbie ,kawan kawan..py1818 akan update daily buletin setiap hari...buletin tersebut sedikit sebanyak akan membantu sebagai rujukan ..hehehe 03/05/2021 9:00 AM
Sure boleh.
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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....
py1818
1,730 posts
Posted by py1818 > 2021-04-30 17:41 | Report Abuse
@papaxs
Support and resistant is one of many tools used in technical analysis. Can you youtube support and resistant videos. It can help you to understand.
But there are some traders that solely rely on support and resistant. I am one of them.
Also please watch hidden hands report before you buy any share. Knowledge is very important.