ASTRO
Today insiders sell base on news (about VSS)?
Overall still downtrend & oversold.
High chance will continue pullback 🤔😱
Need to sustain in the parallel channel if want continue the mini swing up.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading...
ASTRO and Netflix are having a "Combo Popcorn" Package offer now, it may take a while to "fine tune" its "secret recipe before getting "tastier"? ..While its "dividens" might look delicious , maybe consider at RM0.600?
Please be patience to watting the entry price for Astro Malaysia.The price at 0.92-0.94 will be a good support area to entry for Astro Malaysia,because is have a lot buying volume waitting at there.Also, when the price reach 1.00 ,if u wish to entry and cannot wait, we also recomment you can make a try for small volume entry,after price reach 0.92-0.94 than you...
Astro - Break Up RM0.94
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(Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
ASTRO is getting more hot now. The pandemic covid is not able to stop this ASTRO. the more people stay at home, the more bullish this price may go. Plus, the Astro & broadband is more worth price package rather than other brand. With more people working from home and students learning from home.. this will bring Astro more solid in the nearest future.
The idea is the same like BOILERM,
For your information, this counter is Non-Shariah Compliant.
This counter give dividend around 4 times per year, rather than BOILERM which is 1 time per year if I'm not mistaken, please double check.
The fundamental is good, positive.
The technical that I see here is the same like BOILERM. Pinbar at support level.
Astro has gone up 9 days and 9 days down. Dec 21 was a day when most stocks dropped in Klse but surprisingly Astro up by 2.2 % on the day. Dec 21/22 is a Gann seasonal day and you will see Astro head up much higher.
Next Target 1.05
TP: 1.3
Exit: 0.7
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
TECHNICAL PERSPECTIVE:
1. STRONG AND REPEATING SUPPORT LINE
2. POSSIBLE TRIANGLE BREAKOUT
FUNDAMENTAL PROSPECT:
1. SHUTTING DOWN ANALOG TV MIGHT ENCOURAGE PEOPLE TO TRY ASTRO (POSSIBLE REVENUE IMPROVEMENT IN FUTURE)
2. ATTRACTIVE DIVIDEND YIELD AT CURRENT PRICE (5.88%)
RELATIVELY HIGHER RISK AND REWARD ENTRY SETUP — POSSIBLE TRIANGLE BREAKOUT ENTRY SETUP —...
