Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Sure there is Value investing. But u have to make you due diligence to know the intrinsic value of it. However there is also things called Value Trap. Statistically, when a stock drop more than 50%, it will take months or years to recover or break from sideway or worst further diwntrend. RENEUCO drop ~90% since it top in Jan 2021. At the end of days, whatever make one happy bro as long we profit. Cheers!
Disagree. Buy, sell & managing position must be govern by some rules or guidelines. What about TA & FA? For me meeting those criteria for own set TA & FA are the logical reason to buy. Stick & master jjst 1 setup can make u profitable in long run. Else u are gambling, not trading/investing.
our own hard earned moneh shd be invested responsibly. At least read Minervini or O'Neill book for God sake. I dont know, myb over time the trend or FA might improve, but For NOW i dont see any logical reason to buy this stock. U may be trap here myb months or years in sideway.
Just analogy. To go fast ride ferrari or any fast car, not slow car like kancil. So as stock.
I dont understand why people keep promoting this stock?? FA is bad & TA is too. downtrend & sideway.Nothing seems to be in positive favour. PN17 somemore. What happen to the trend is your friend? Just because someone bought thousand hundreds Ringgit this stock, doesnt mean we shd too. There are hundreds of other stock we can choose from.
I try not to buy the bottom or sell the top. I try to buy at right point (BO proper base) & sell at right point(Breakdown trendline or MA10/20/50 or Fibo target reached or VPA said so on sell signal) .
