Falling knife or big opportunity?

跟着我一起飞 : Asking for wealth insurance

103861416 : chives

PokaiTrader : falling knife for now but opportunity to follow, me thinks.
Looking at the weekly charts and the steep rise from 2.60, this is shakekout on speculative run up earlier. Big Boys are accumulating, so if you have spare capital go for it.

Wait for the consolidation and usual w shape actions to strengthen the case for a bottom; otherwise more downside, but for a shorter period, the FED rate cuts are just round the corner...

103365182 : Will close at 3.90, don’t worry

PokaiTrader : One has to wonder, who is selling? Markets are generally positive, so this is probably shakeout of weak holders, panic seller...accompanying volume is not entirely large. Market makers etc accumulating for a big move up later.

Each and every buyer on the way got hyped on the data center and renewable power narrative. More fundamental looking buyers would have factored the Singapore power generation business, which according to some will be challenging. The UK unrests do throw apprehension to YTLP revenue streams from this segment. The management dishing out ESOS is a negative, which appears inpromptu.

Much uncertainty, lacking an informative qr slide deck adds to confusion.

IronM : Stuck beneath the falling knife too . T

跟着我一起飞 IronM : Don't worry, my brother is here

IronM 跟着我一起飞 :