Author: Telecaster | Publish date: Thu, 19 May 2016, 12:06 AM
So the price of HSL, which is already low, gets lower today on the 18 May 2016. Today also the day Maybank issued a firm Technical Sell on HSL.
The shareprice opened at RM1.76, closed 8 cents lower or 4.52% to RM1.69!!!!
Now heres the thing. Based on consistent past history, the first quarter financial report of HSL will be announced on the date of AGM. We can reasonably assumed that whoever noticed this, will assume that the coming quarter’s financial report will be announced tomorrow, 19 May 2016..
Say it is reasonable to assume the esteemed author is also expecting the QR to be announced tomorrow. And today, he is recommending a tehnical sell call to a counter with all sound fundamental indication pointing to a good financial report.
I call upon all TA experts, if you are willing to share, if the the analysis of the research report is with any merit? Is what he says substantiated on the point of view of TA? If its not, then there may be a basis in questioning the author of not genuinely believing his sell call. Or worst, writing the report with sinister intention of exploiting his trusted readers for his own gain, in other words, hati tak baik
Whatever the QR outcome will turn out, bad or good, I just find the timing of his sell call is too coincidental to be a coincidence.
The shareprice opened at RM1.76, closed 8 cents lower or 4.52% to RM1.69!!!!
Now heres the thing. Based on consistent past history, the first quarter financial report of HSL will be announced on the date of AGM. We can reasonably assumed that whoever noticed this, will assume that the coming quarter’s financial report will be announced tomorrow, 19 May 2016..
Say it is reasonable to assume the esteemed author is also expecting the QR to be announced tomorrow. And today, he is recommending a tehnical sell call to a counter with all sound fundamental indication pointing to a good financial report.
I call upon all TA experts, if you are willing to share, if the the analysis of the research report is with any merit? Is what he says substantiated on the point of view of TA? If its not, then there may be a basis in questioning the author of not genuinely believing his sell call. Or worst, writing the report with sinister intention of exploiting his trusted readers for his own gain, in other words, hati tak baik
Whatever the QR outcome will turn out, bad or good, I just find the timing of his sell call is too coincidental to be a coincidence.
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