$Jiutian Chemical (C8R.SG)$ Jiutian fell back to 0.02 in Aug which was the best time to dca. Now supports are around 0.027 and 0.028. It may be making higher lows. The China market may rally and reach its Oct high. Similarly, Jiutian may also rally to around its 52-week high of 0.042.
♤方展博♤
OP
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Buy now is higher risk but higher risk, higher gain. This counter remains speculative until the company turns the corner & is profitable for the next 3 years.
$CapLand China T (AU8U.SG)$$CityDev (C09.SG)$$Jiutian Chemical (C8R.SG)$$JMH USD (J36.SG)$ China is set to announce a substantial fiscal stimulus package, potentially valued at two trillion yuan (S$369 billion), aiming to bolster economic growth amid sluggish conditions. Expected to be revealed by the finance minister in an upcoming briefing on Saturday, October 12, this move follows a series of monetary easing measures, including interest rate cuts and enhanced support for property and stock market...
$Jiutian Chemical (C8R.SG)$ The bands have widened. The stock has gap up this morning with break out.. It has turned bullish due to China stimulus and mortgage rate cut. It is likely to trend up further.
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102765799
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that's such good news! though I'm still in red at 0.6 cost.. Will it reach this point?
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MiltonWong : its not even profitable lol
bullrider_21 OP MiltonWong : It doesn't have to. It will rise so long as its net loss is reduced y-o-y or q-o-q.
MiltonWong bullrider_21 OP : but it might get into sgx watchlist soon at this rate of year after year of losses lol
bullrider_21 OP MiltonWong : How many years already?
MiltonWong bullrider_21 OP : 2 years
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