Looks like there is some profit taking after a good run up. The chart shows a gravestone doji as of now. The stock is turning bearish due to profit taking. It has already hit the target price 1.50 I mentioned previously. Whether it will go higher subsequently depends largely on big players.
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_MK_Watcher_
:
It has in 'hibernation' mode for extended periods, for anyone can remember. Its volume as 1515h today (20240912) at 17mil (in green) is indeed very impressive. At current moment, the indicators and chartlines looks rather positive. Anyway, it might enter a brief consolidation phase very soon around 150 level, before charging forward if the overall market sentiments remains or improved. Indeed this worth a close observation.
Deep Sea OP : I have liquidated my position in this stock upon hitting my target price.
524773 Deep Sea OP : congratulations
KB trader : I don’t think it is turning down, chart certainly doesn’t says so, it is still on the up move path. Let’s see when she touches 1.55.
ChongCC : 1.6 1st
101572240 : I hold until huat big big
_MK_Watcher_ : It has in 'hibernation' mode for extended periods, for anyone can remember. Its volume as 1515h today (20240912) at 17mil (in green) is indeed very impressive. At current moment, the indicators and chartlines looks rather positive. Anyway, it might enter a brief consolidation phase very soon around 150 level, before charging forward if the overall market sentiments remains or improved. Indeed this worth a close observation.