simple, if it failed to distribute but get the bullet, fry up to sell. if it actually has intention to collect at this high level oso sure fry up to get higher, both can cause the price fly crazily.
the risk is that if it is a pure distribution, die no place to bury.. it depends on how much risk you can take. If the penggoreng did not get what they want, they will further press la.. U can withstand the pressure without insider info or not?
Today’s Highlights Stocks in major markets show sign of exhaustion, Crude oil prices slide further while Ringgit remains soft, Regional stocks retraced this morning after strong rebound during last session, Local stocks rebounded firmly yesterday but consolidation is still in progress hence anticipate a fresh round of distribution to take place.
Market Analysis Short-term consolidation still in progress, stocks in Bursa Malaysia may experience another round of distribution phase.
Medium Term Outlook • Market Bias: Sideway • Range: 1650 – 1800
Short Term Outlook • Market Bias: Downward • Range: 1650- 1730
Sources- Affinhwang, Bloomberg, Dow Jones Newswire, Bursa Malaysia, The Star, Reuters.
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....
filidon
634 posts
Posted by filidon > 2017-03-03 12:14 | Report Abuse
wah, what happen oh, plan to sell son at .50 . luckyily haven't sell yet