Today's breakout of 0.36 resistance line means it has formed a ROUNDING BOTTOM pattern. Mid to long term investors love this sort of stock, If you take the hghest price(0.365) minus the lowest price (0.21), you will get the diferences of 0.155. For immediate Target Price, it should be (0.365 + 0.155 ) 0.52.
This is a good company ... dont hope for limit up already, can go up to 0.5 also very good already... slow and steady , not like those sohai notion, LKL
One day show. luckily sold all. Monday will be no movie. Those who bot at 044-045, next week operator will push down the price waiting the share to come out.
07-Aug-2020 Insider MR HEW CHUN SHUN (a substantial shareholder) disposed 8,000,000 shares on 07-Aug-2020. 07-Aug-2020 Insider MR HEW CHUN SHUN (a company director) disposed 8,000,000 shares at 0.285 on 07-Aug-2020. 07-Aug-2020 Insider MR LIAW CHONG LIN (a company director) disposed 10,000,000 shares at 0.285 on 07-Aug-2020.
About this issue of director's disposing their shares, I have seen that happened in many counters and for sure there will be some doomsayers who would come to the forum to give their 2 cents worth. Just look at Inari, their directors have been disposing their shares in millions since April. Did their share value drop? NO. It has gone up from 90 cents to 2 ringgit. If a counter is on uptrend and its directors are disposing off their shares from time to time, it only means one thing, BRIGHTER FUTURE ahead. With the amount of money they had disposed, they could easily use proxies to trade without the hassle of having to report every transaction to the relevant authority. So don't worry. BCMALL has a bright future ahead so long that Covid-19 is sill around with us. Vaccines won't be available enmasse until mid or end of 2021.
Market not stable now.Traded with risky only. God blessed.I mean this patterns "cuci-cuci"@“洗白白” action.If you have one million,will go zero cents while many time like that.Kasihannya ikan bilis...,they never learning the history.
some people talk theresa kok ? the share price shud not go up. all the directors( who may be thefounders ) hv all exited. at one tiem this share was at 6 sen so hai
My purpose here is not to make fun of those trapped. I am a fellow trade and I am here to persuade you to not to fall into this sort of trap. We are seeing again and again how bilis being trapped with shark exit. If all of us want to successful traders and make trading our career this one thing is a must learn ie AVOID TRAPS.
ahbah, haha , I agree , we all looking high and low for the right counters to get trapped in. Hopefully , BCMall is the right trap to walk in. Many people so happy to be trapped in the glove counters. Those who avoided the trap make less profit.
JohnFook My purpose here is not to make fun of those trapped. I am a fellow trade and I am here to persuade you to not to fall into this sort of trap. We are seeing again and again how bilis being trapped with shark exit. If all of us want to successful traders and make trading our career this one thing is a must learn ie AVOID TRAPS.
As a trader, I think you have bad analysis with very general assumption. Those who bought low has no fear to let go for now, only those chase high need to be afraid.
Furthermore, other similar counters are worst chart-wise than BCMALL. Try harder.
You don't simply avoid TRAPS, you ride the wave with probability (define your own interpretation, but should be easy if have common sense) as most important factor. If your job is a true trader, you would have gone through many groups/channels/telegrams for tens of counters daily to gauge your top picks in terms of probability. Also to split your capital into few stocks than all in one basket. Adding FA into your TA set is a big bonus to cushion your downside.
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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....
Concern
11 posts
Posted by Concern > 2020-08-07 13:13 | Report Abuse
I'm first timer. Could anyone advise at this point 42 sen still a good buy?