Pressure on shares price has last for previous whole week, some of my picks seems become attractive based on its price/book ratio and yield. The candlestick charts seems also suporting the move. Price fall below moving average price, RSI, stochatics and MACD all appear oversold status. It might be the time to take up some of your picks gradually.
Currently share price level seems to be more reasonably reflect a company's value, substainability still depend on the investors' emotion rather than the fundamental.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment