Some of the handy tools
While everyone was expecting this stock to soar above RM1 yesterday, there were some indicators to help out for decision making though. Look at the MACD, KDJ, RSI, all 3 indicators were showing overbought situation and the Fibonacci resistance showed 50% at 0.95. I was thinking of joining this rally yesterday but ended up choosing $YTLPOWR (6742.MY)$ and $SUNWAY (5211.MY)$ over MTEC due to this reason
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poonkeun81 : thanks for the tips
Be like Water OP poonkeun81 : no problem my friend
andy(三叔） : (KUALA LUMPUR, 18th) US chip manufacturer Nvidia (Nvidia) has reported that it is interested in acquiring Israeli artificial intelligence company Run:AI. If the news is true, it may cause uncertainty about Huida's investment in Malaysia.
Huida co-founder and CEO Wong In-hoon visited Malaysia for the first time last year and met with Prime Minister Dato' Sri Anwar. The company announced at the time that it would also strategically cooperate with Yang Zhongli Energy to invest RM20 billion in the artificial intelligence data center built by Yang Zhongli Energy, and Yang Zhongli Energy also began building China's artificial intelligence cloud computer by investing in the Huida H100 supercomputer.
However, once Huida acquires an Israeli company, the company may face the risk of being counterfeited, and investment in Malaysia may also be variable.
hcteh2008 : The costume master came out bragging...
Be like Water OP hcteh2008 : I shouldn't have offended you, man![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Instead of getting sour here, peace is more valuable![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
The day's rsi macd kdj did show overbought, and the fibonacci resistance showed 50% at 0.95. I just followed the indicator to trade what happened today, and I'm not saying what's going on with the master at all?
Did you mean the indicator is wrong? Then why don't you criticize the people who invented these indicators