@10217778635164247, you can roughly guessed if you see technical/fundamental analysis. Technical wise: The stock has been going up since 0.46 around 30/5 - 1/6.. higher low(s) while keep challenging 0.6 resistance. You can draw the line and you will know it is just a matter of time for it to breakthrough.
Fundamental wise, do your own homeworks to understand why it dropped in the 1st place and how the industry works.
Theoretically, the price should drop down yesterday as Tues showed a confirmation sign. From morning till noon, the market went according to chart until afternoon where "operator" pulled up by force to 0.645. However, volume is not that significant.
Great show coming. Fingers crossed? (Swim with sharks) haha...
Two consecutive qters revenues reduce to half , running at the lost . Something very wrong happening , REAL danger , get out while you can . Cut loss . FA horrible and TA a plunging arrow. Que sera sera.
I am very disappointed with the quarter result. There are no further explaination on the dropping revenue. If compare YtoY, Q4 2017 was bad due to deferred launching of new products by the customer. Q4 2018 had no solid reason but just blame the demand of products is dropping. 2 quarter turn red, how to justify the prospect of 2019? I would say, just wait the Q1 only see worth to invest or not. Many report showed that may Be Q2 2019 can give u good revenue. 6 months to go.....
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....
CharlesT
14,928 posts
Posted by CharlesT > 2018-08-17 10:01 | Report Abuse
What are u waiting for? Time to wake up loh