Relax, guys..up abit only dont need too happy..let the price run like wind slowly..that said, poor retailers kena flushed like I said yesterday..cheers..
Distribution almost over.It will entering super bearish zone soon.You al are advised to be careful and trade cautiously…Better sell and keep cash at hand for the time being or find other counter ..
How is it in the fourth Elliot Wave now? I can't see it.
To share my thoughts with you, I think the technical structure is quite rock solid as bullish pennants have been developing, signifying price level consolidation and the absence of selling pressure. Besides, if you run the price chart through with Chaikin Money Flow, you can see the divergence between the price and the indicator, which is a bullish sign. Since June, the price has been moving sideways. But from the outset of August, the price goes down (still above the support level) while Chaikin Money Flow goes up. It means that money is flowing in. Perhaps, I say perhaps, some quarters are accumulating the shares now.
From technical analysis, there is no way we can predict when the price will move. But we can at least know that investors' sentiment in this counter is bullish at the moment.
Considering the prospect of the industry and the expansion plan of this company, I would hold on to my shares if I were you. But your money, you call. Good luck man!
QES engages in the distribution of inspection, test, and measurement equipment; and materials and engineering solutions. It offers microscopes, ED-XRF and WD-XRF analyzers, ICP spectrometers, OES equipment, and video coordinate measuring systems; materials and related parts used in the semiconductor industry, such as quartz parts, conditioning discs, back grinding wheels, and grinding and dicing tapes; and gas abatement systems to control gaseous emissions from manufacturing facilities, as well as scientific instruments.
Public Strategic SmallCap Fund Acquired QES 14,000,000 shares Principal Islamic SmallCap Opportunities Fund Acquired Genetec 377,900 shares Principal Islamic Smallcap Opportunities Fund Acquired Aimflex 14,475,382 shares
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....
Powerplay666
1,023 posts
Posted by Powerplay666 > 2021-08-23 17:20 | Report Abuse
Glad I sold at 87. Nice 30% return. Will wait for more retracement first before dipping in again.