So far today closing seen sustainable despite with the increase in covid19 pandemic disease .As usual for the rest of the week closing press downward . Tomorrow can see some further uptrend
The rebound was expected based on TA. It hit the lower BB two days ago and below MA20. Around every 2.5 months there was retracement before a rebound (check graphs since Jan this year). The selling operator sat back a bit today but also took some profit from the big buying operator. No idea what that selling operator’s gonna do but chart shows start of another uptrend that may last for next 2.5 months
KUALA LUMPUR: Semiconductor equipment manufacturers forecasts sales to exceed US$100bil (RM420bil) in 2022, which will be a new record as device makers continue to step up investments, according to a US-based semicon industry body.
The Semiconductors Equipment Manufacturers Industry (SEMI) said on Wednesday the global sales would be underpinned by original equipment manufacturers’ (OEMs) investments due to robust demand for memory and storage.
In its “Mid-Year Total Semiconductor Equipment Forecast – OEM Perspective” at the “Innovation for a Transforming World”, SEMI said continuing investments by device makers in secular growth drivers are fueling the expansion of both the front-end and back-end semiconductor equipment segments.
The wafer fab equipment segment, which includes wafer processing, fab facilities, and mask/reticle equipment, is projected to surge 34% to a new industry record of US$81.70bil in 2021, followed by a 6% increase in 2022 to more than US$86bil.
The foundry and logic segments, accounting for more than a half of total wafer fab equipment sales, will grow 39% year-over-year to reach US$45.7bil in 2021.
Underpinning this growth is the strong demand for leading-edge technologies powered by the digitisation of industries worldwide.
“The growth momentum is expected to continue in 2022 with the foundry and logic equipment investments rising another 8%, ” it said.
Earlier I said i bet it won’t hit 0.45, 0.70 or 0.75, see what I meant.. I remain conviction on this..by any chance, the lowest it would go is 0.775, however chances are rare now..cheers..
That’s when correction you see bunch of weak I would say that came out to speak nonsense..chart and fundamental don’t tell lies.. human does, to suit their own whims and fancies..happy investing and trading..cheers..
Strong rarely come out when it’s up, more often to screw the weak for nonsense..check back the thread to get what I meant..the answer is on the chart and lies on the fundamental of the company, need not to come out that often while quietly enjoying gain daily..so face yourself the weak and face the fact..cheers..
Easy peasy monies..still waiting at 0.45, 07, 075? Bring it on..lol..weak is weak, don’t be like a burnt cheesecake..too many failures will lead one into poverty..check yourself..u may queue at 0.775 to try luck..fun trolling with the weak..cheers..
sorry to say, I'm holding cheap ticket, downtrend i will say downtrend, uptrend i will say uptrend, i wont be like the "pro" will keep self comfort it is uptrend all the time, hehe, buta
Worst..if one can’t even read what is downtrend and uptrend and major waves..shut the pc or laptop for good..lol..i shall check back in end of the day, busy day ahead for monies..cheers..
Why bitter comments babyshark? Uptrend, downtrend, FA, TA (trinity analysis) there's no right or wrong. When you perceived downtrend, others see as pullback. When you see rally, others see as profit taking.
In the end, the player with his own conviction wins the game. Losers listen to other people analysis, rumours, buycall. Winners do his own research when to buy, hold and sell.
flyyoufools, I'm just saying my own view, maybe i nerd, i dk how to see chart, but i see downtrend then i say downtrend la, did i forcing anyone to sell? hehe
Meaning of uptrend and downtrend for traders and investors is not the same what is downtrend for a trader may not be a downtrend to an investor as such both Wee and shark are right as Wee looks at it on a long term perspective and shark could be looking at shorterm gains. So there is no wrong or right here. Apart from that on the comment saying the "Pros" comment only when it is on an uptrend please go check the comments for the last 6 months and then only put your point simply trash talking others will do you no good. Lastly I wold like to emphasize on " Regression to mean" what it means is no counter will be on an uptrend forever nor will it be on a downtrend forever eventually it will stabilize and the whole process will happen again.
Then you don't really know what is downtrend. Take our dear beloved fruitcake and armanhashim, every red say downtrend. Waiting at 70c,50c,9c.
The question is, is it true?
To confirm downtrend itself, what are your conviction? A week red does not necessarily means downtrend. Vice versa a week green does not means uptrend.
IMHO, the real downtrend does not take a week or two. Same goes to it almost impossible to TP at peak price when you don't know when rally gonna end.
All things considered, we can see the telltale of a downtrend from daily / weekly chart but confirmation of a downtrend itself requires another level of art
@Fly...true it's not necessarily means a downtrend..it actually means a healthy pullback...understand the terms used and most probably you may lose less haha
With this we can say the management not just talking. When the boss said double digit growth this year. The first quarter itself already beat investor expectation. Good management we can say.
To above bro westeros and fly, well said..including shark, all are correct, except for divergence in perspective..and this is a piece of great news that the agreement is now signed and no more a MOU..cheers to all mid-long term holders..
@fly investment value might seem a missed..perhaps the JV would want to see how things pan out..they can contribute more unanimously as stated in the clause..anyway, surely is positive..cheers..
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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....
DepecheM
810 posts
Posted by DepecheM > 2021-07-14 17:08 | Report Abuse
Exciting times will continue when QES closes above 0.94.... just need to wait to clear 1st milestone at 1.00