Look at the buying now, 50K units bought numerous times but price remain at 1.75. There's also weird buying/selling at 200/300 units interval, like some sort of secret code.
As of now buying volume at 1,114,400 while selling volume at 359,300. No reason why price remain at 1.75 isn't it? Good things are coming, then again I may be wrong. Trade with care and happy investing.
It confirms our diagnosis that someone purportedly wanted to block the price from going up. Who that is, remain a mystery. And it also confirms that some big news are coming soon.
Had been like these for days, let the pressure build up, matter of time before bulldoze through those barriers. Buying strength still double that of selling.
I've sold Masteel at 1.04 2 weeks ago before price correction. Closely monitoring steel counters, in my opinion there's room for steel once price stabilize, look at all infra projects that's lining up, plenty of play for piling works too. Lets stick to Econpile and don't derail the topic.
If you refer to latest 280 mil contract announcement on 4th Oct, stock prices did an unexpected turn by going downwards instead of up. Too much insider activities, released of good news may not be a good thing after all..hahahaha.
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....
mhchai
589 posts
Posted by mhchai > 2016-10-10 17:18 | Report Abuse
Will traderman join this boat or still continue to curse econbhd back to RM1.50 / RM1.30 ?