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Today Chinese paper give good analysing those Spece X connection stocks ,AVT is one of them....
If there is further retracement, I see 1st support at 5EMA (today at 17.1, should be higher tomorrow), followed by 16.9 (prior resistance)
JurongW ( Date: 28-May-2026 22:15) Posted:
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For reference
My observations for the past price movements of penny stocks at around 20c.
1.U are right. It can mean distribution on going.
2. It could push down price to flush out weak holders.
3.It could be a pause with price hovering around 19/20c for further accumulation.
My guest is that it is a pause with slight price decrease to allow profit taking by investors while BB is still accumulating as it is technically high now.
It is very lucrative and rewarding for BB to push beyond 20c for each bid will be 0.5c instead of 0.1c if below 20c.
Furthermore, current tp is 34c and there are many corporate news ahead on the Nasdaq listing.
If BB is still in control, another upward price move is forecomng.
I have sold half and holding the rest. I may consider increasing my stake depending on the price moving using my current profit to hedge against any loss.
Just my view only. Dyodd.
1.U are right. It can mean distribution on going.
2. It could push down price to flush out weak holders.
3.It could be a pause with price hovering around 19/20c for further accumulation.
My guest is that it is a pause with slight price decrease to allow profit taking by investors while BB is still accumulating as it is technically high now.
It is very lucrative and rewarding for BB to push beyond 20c for each bid will be 0.5c instead of 0.1c if below 20c.
Furthermore, current tp is 34c and there are many corporate news ahead on the Nasdaq listing.
If BB is still in control, another upward price move is forecomng.
I have sold half and holding the rest. I may consider increasing my stake depending on the price moving using my current profit to hedge against any loss.
Just my view only. Dyodd.
TraderBen ( Date: 28-May-2026 20:40) Posted:
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Distributions going on. A lot of big kars exited. 2000% returns in a year. Hard to find 100k become 2m
Stocky901 ( Date: 28-May-2026 20:25) Posted:
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This means BBs no longer in love with this counter? 😉
JurongW ( Date: 28-May-2026 17:48) Posted:
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Closed at 189. Any significance?
eric998 ( Date: 28-May-2026 17:03) Posted:
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Let' s see BBs purposely close below 189.
Is Addvalue affected by rising oil price ?
Stocky901 ( Date: 28-May-2026 16:56) Posted:
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Must be trump TACO again.. Oil up 2.5%🧐
The price will be decided by shortists and contrarians.
See who has stronger muscle 💪
For investors, 进 退 两 难 。 。 😖
dare not to sell, afraid sudden chiong
dare not to buy, afraid price too high and sudden retreats...
difficult situation, thus, just wait and see.....
See who has stronger muscle 💪
For investors, 进 退 两 难 。 。 😖
dare not to sell, afraid sudden chiong
dare not to buy, afraid price too high and sudden retreats...
difficult situation, thus, just wait and see.....
eric998 ( Date: 28-May-2026 16:29) Posted:
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Who are supporting the 191/192? Market undecisive, retailers be careful. Better don' t chase.
Maybank give another target 34c.....before Nasqad listing ? believe you buy else stand aside.....just like Ever Glory even bonus issue or dividend also no drop one....
Clear 196/7 then we enter again, better don' t chase, later BBs make you cough out all your profits. Trade with care.
JurongW ( Date: 28-May-2026 14:10) Posted:
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Now back to 192/193 from 183/184. Shorts rushing back to close their positions?
Ya.... think no show.....
eric998 ( Date: 28-May-2026 12:15) Posted:
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Today no show already? Only left shortists waiting to cover and profits taking, if price go lower we will re-enter. Go find other counters. Watching this though, those who shorted 195 and above can win double.
buyers very kind to clear 197, hope everyone took money off the table to enjoy over the weekends. Cheerleaders and BBs celebrating. Those who shorted also win. All are winners. Congrats. Trade with care.
Stocky901 ( Date: 28-May-2026 11:48) Posted:
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All at JB enjoying lives 😉 😉
Cadence88 ( Date: 28-May-2026 11:47) Posted:
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Starts to see some selling.....
For those who bought on last Friday, today is T+3.
For those who bought on Monday, tomorrow is T+3.
Tomorrow is Friday.... typically a selling day for those who do not want to take risk over the weekend.
Thus, logically, we should see some selling pressure till Friday, hopefully not too much....
The buying may resume on Monday......
Just my opinion, DYODD.....
For those who bought on last Friday, today is T+3.
For those who bought on Monday, tomorrow is T+3.
Tomorrow is Friday.... typically a selling day for those who do not want to take risk over the weekend.
Thus, logically, we should see some selling pressure till Friday, hopefully not too much....
The buying may resume on Monday......
Just my opinion, DYODD.....
Trainner ( Date: 28-May-2026 09:12) Posted:
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