Shares & Derivatives
Ifast – The short rebound seems freezers out! Likely to breakdown 6.56 and go further south to test 6.00 and below! Pls dyodd.
By Singapore Stocks Sharing  •  March 27, 2024
Ifast  - The short rebound seems freezers out! Likely to breakdown 6.56 and go further south to test 6.00 and below! Pls dyodd. Ifast - Today she has broken down the support at 7.05 and 7.00 and closed lower at 6.93, looks Like Bear is in control! Likely to slide further down towards 6.00 and below! I think is good to lock in profit instead of seeing your profit slip into losses! BreakIng down of 6.00 she may go further down to test 5.28 than 5.00. Pls dyodd. Ifast - Chart wise, looks like a pump and dump scenario! Pushed up to hit the high of 8.50 and crashing down ro close at 7.29. The running up has lost the momentum! At 7.29, PE is super high at about 76x. Pls dyodd. Full year, net profit increased by 340 per cent on-year to S$28.3 million, on the back of a 22.8 per cent increase in total revenue to S$256.5 million. EPS is about 9.6 cents. At 7.29, PE is super high at 76x. Final dividend of 1.4 cents....
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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