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we did after all expected the drop after the rise every time. sharks wanting to enter the game wants to rock the boat held by mostly retail investors. only by rocking will they get a chance to buy as investors (like uncle) will take profit and run. its normal, we have seen this before. if this counter not attractive, nothing will happen and the price will stagnant like some stale warrant. be happy that there are interest in this stock
Not specific reasons Mel.. seem like they wanna push up above RM4.55 and got someone throw down but once touch RM4.50 then got supports.. maybe trading between people who wish to take profit for long holiday and bargain hunting for next year growth..
yes. its normal for profit taking. just hold steadfast and think of all the dividends when they start giving next year when business operations almost resumes