Usually a stock faced open high and closed lower with traded high volume, the followings day would faced an adjustment. But Resort at Tuesday open high and closed lower but next day (Wed) had a good move (up).
Normally, if this circumstances happen on one particular stock. There are support by few reasons: -
1) Good news announcement (Bonus or High dividend).2) Speculating
3) New shareholders comes in
4) Over sold
Please analyst the above possibility and decide you investment. Market on today will starting another rally. If you successful average you cost, you could enjoy some profit. US DJ move strong at openning, it will give KLSE another good news to carry on the up rally.
No comments:
Post a Comment