KLSE (MYR): SFPTECH (0251)
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Last Price
0.68
Today's Change
+0.02 (3.03%)
Day's Change
0.66 - 0.68
Trading Volume
451,000
2024-09-30
2024-09-30
2024-09-30
2024-09-30
2024-09-30
rr88
6,532 posts
Posted by rr88 > 2022-08-17 12:42 | Report Abuse
Pang.
My take: This is the peak. Technically it is a Head n Shoulder pattern in progress. First drop to 0.95 - 1.02 moving sideways for a while. Next drop to 0.75 to sleep n die there forever.
Because: Tech stocks US Nasdaq bounce is not sustainable. Its a bear trap bounce. Evident from its chart.
This is 2022 not 2020. History will not repeat. For example, Greatec dropped from 7.50 to 3.50 but only bounced 50 cents.