If speculation come in , up fast , profit take also fast but I believe it will take another 1 week before profit take come in as glove stock attention is temporarily cease now . If profit take stable at above 0.6 and the volume is good , chance for it to climb up another high is more steady … Just my thought …I might be wrong .
5g has strong connection is strong but the weakness of 5g is that the coverage/signal is weaker than 4g. Means for 5g to work for the whole nation, we need much more cellphone tower. OCK is a cellphone tower player and will therefore benefit from it!
0.60 TP is too low IMO. After it reach 0.60 TP, bank will rate is higher to at least 0.7-0.8TP. That is the minimum for me.
I trust this counter will gradually move higher. Just look for the right entry price. Like it or not, 5G is coming and the adoption rate will be accelerated due to new normal even post covid. However it will likely towards year end, before we see 5G implementation gets moving. Next step is for govt to allocate/tender the 5G spectrum.
That is NO right entry price...one never get to buy the lowest and never sell the highest...is based on individual perspective....but for sure 5G is on
nice news in US. no interest hike. amazon, google will have money to continue work with telekom develop 5g (news from sin chew). OCK is a sure long term gainer. go go go OCK
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....
RRWin89
503 posts
Posted by RRWin89 > 2021-02-22 13:11 | Report Abuse
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