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Red counters from 5xx increase to 8xx, probably bad market sentiments. Even good QR come out also unlikely to stop these selling pressure. I believe it will drop further. Just wait
Not about confident, just a trading plan as already gain profit after sold partial at 0.76. Since Q2 results likely to be better than Q1, so can see whether the price can move or not before or after the QR.
Now many shorties because of unstable market sentiments, if they bought at 0.66 they can sell at 0.67. Need more institutions power to push if want to breakout. For me I will wait for the QR month (next month) and see it's movement. I remembered Nov 2022 the price move up a lot before QR and they announced the best ever QR in their history.
Ya, actually I also trade few time in this counter aldy, bcos up and down not so consistent, and let ppl have chance play shorties to earn, by the company profits should not under this pricing, tht y I keep buying when dropping, nvm just like put in the bank, haha
Especially the one who got killed in Iran is a big name. We won't know what will be the consequences. Stock market surely will be affected for time being.
Economy recession fear in the US again causing their stock markets drop a lot last night. Expect monday will be another day with more than thousand red counters.
Not only about this, the whole market is bleeding so bad. My other current holding stocks also becomes red. Luckily last Friday sold a few green stocks on hand.
Index point lately supported by banking stock, while tech stock trend still bleeding, expect to go further down before the actual rate cut. if go below 0.55 maybe a chance to average again. Luckily not yet buy back the sold shares.