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In my opinion, when it comes to price fluctuation, it's hard to attribute it to any single reason. it's usually a network of intertwining reasons that causes a price to go up and down.
What's easier to judge, though , is the market sentiment. When the market sentiment (KLCI) is bad, people, especially tend to sell, in order to protect their modal.
When the selling volume is higher than the buying volume, the price drops. But take note that it won't hurt the fundamentals of the company.
this Uncle has been the indicator of bad counters. whenever you see him leaving a comment saying that he's waiting to catch the falling knife at a certain price level, that is a bad omen and it's time for you to get your ass out of the said counter.