Jackson Au
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$CEB (5311.BMS)$ Even though the Provident Fund sold 6 million shares, it still holds 10 million shares. The stock price fell from RM1 in July to RM0.4, a retracement of 60%. Whether the low RM0.345 is the lowest in history depends on financial reports and company prospects rather than recent sell-offs. Shareholders also need to make money to cash out and adjust positions. This is normal, so don't FOMO. As to whether the sell-off pressure is over, we still have to see if the financial report at the end of the month will allow buyers to regain their confidence.
Looking at it now, the support of RM0.39 is strong. As long as the stock price stays sideways nearby and waits for financial reports to be announced, there is still a chance to usher in an upward trend on the right.
Looking at it now, the support of RM0.39 is strong. As long as the stock price stays sideways nearby and waits for financial reports to be announced, there is still a chance to usher in an upward trend on the right.
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Jackson Au
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$CEB (5311.BMS)$ The stock price is currently being suppressed by the downward trend line. It is recommended to wait to break through the downtrend line and stabilize before bullish. It can be clearly seen that the selling pressure has abated, and long-term investors are still optimistic about the company's prospects and fundamentals.
As for company executives selling stocks, this is due to additional margin calls (margin calls), which will not affect the long-term development of the company; however, market sentiment has been affected to a certain extent. Notably, the CEB stock has been on the featured list for the past two weeks, showing that it is the buyers' first choice and not a target for bears.
Just a personal opinion.
As for company executives selling stocks, this is due to additional margin calls (margin calls), which will not affect the long-term development of the company; however, market sentiment has been affected to a certain extent. Notably, the CEB stock has been on the featured list for the past two weeks, showing that it is the buyers' first choice and not a target for bears.
Just a personal opinion.
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Jackson Au OP 阿福来股 : August 28