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no doubt macd cross, but it still at negative zone, so technically are just an rebound for profit taking. and the price movements still remain in downtrend which align with macd position. so the golden cross are not valid
macd displayed by 2 ema lines (12+26) indicates the up or downtrend. but also comes with histogram which also can use as momentum and also strength & weakness. with these we can even pre aware of the trend ahead
till 435pm 24/9, the Bollinger formation with macd, truly shown the uptrend had finished. I understand a lot of ppl which the party carry on, but stock market are zero sum game (gamblers), may till August everyone wins money, you all should think who paying the bills? answer always only when
@Anthony sometimes, don't over rely on TA,it will toy.But the ways,I don't things the party will be crazy like last last month but at least for gloves fundamental nowadays.It definitely worth higher price like what various of IB provided(From FA side).
put warrant will only work well when the mother share are in the mid of bull run, pay some attention, if one share have no motion, no merchant bank will issue C仔. to determine the mother are speculated or not also can observe how many little are in market.
yes骄兵, no doubt all these glove stock are genuine business. but due to the over ride price for the 4 months, the earnings I knew it went some double fold but the share prices are went too far ahead, so either it pull back much more, or all these stock need to side way for a long well till the EPS or PE return to a much acceptable level, then will see much more long term investors come back
At current price, the PE over Growth is at ratio of 0.75 for FY21, an attractive entry level now especially when consolidation already taken place over the last two weeks.
with the pe of 195, I think better to buy a lease hold 99yrs land property better, still can receive rent at 2-3%. with capital gain...even though now the property price are into bear mkt soon, but hold it for 18yrs with 2% rental annually
now you all know the gravity laws, when figures away from fundamental in the shortest time frame, bubbles effect are just happened because of normal human nature