Big institutional funds like KWAP and EPF were selling. 2.The price chart shows the stock price still trending downwards.Support for the price is weak. 3.The MACD line is moving below the buy signal line.Showing no buying support. 4.The stock is now oversold. Expect the stock to trend further downwards until the price support and momentum build up to support the stock price.
Big institutional fund, amanah raya trustee - ASB keep buying last 2 months. Price keep decreasing intentionally. Trend still downtrend and bias to reversal.
good for KWAP join selling....i hope KWAP can sell all their stakes in malakoff.....let the other big institutional funds keep buying it when the price down.....
maybe after so many years later, it will be strong as Tenaga nasional....malakof just listed ipo in 2015, whereas YTL power in 2009....still crawling at the moment....
YES,agreed.The Technical Price Chart starts to signal buying.The MACD line had crossed the signal line. 2.The present price is somewhat the lowest point.The RSI chart still showed slightly oversold position.Once this is cleared it is expected to ascend to a higher level.
From IPO 1.8 Drop to 1.6 less then 3 month. then after 6 month drop to 1.23 back up to 1.55 stable for 1 year, after thats never see green again, now 1.27 and heading to penny stock.
Those who buy high can now start to buy and collect to even out the price.It is shown on the RSI chart where the momentum line has touch the base of RSI- signalling buying.MACD line today showed more clearly to be above the signal line.Way forward the price should trend upwards.No worry.SMILE:-)))
Buy,buy,buy now and collect Earn some investment money for the weekend.The Technical Price Charts on the uptrend.QR next week- expects a better result.Otherwise the DOD will get shelling from the investors during their Annual GM. Good luck:-)))
Operating expenses up Rm130mill from Rm1.31b last year 2015. Revenue up but profit drop. Look at the management expenses Rm220mill. Spending Rm18mill plus per month. This management really can go fly kite.
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....
curious2
1,812 posts
Posted by curious2 > 2017-02-03 13:16 | Report Abuse
Why KWAP join selling?