长期投资者一般在短期内不会卖,因此,不用看得太准。
Resorts dropped 21 c today to close at 2.44. The low is 2.39. Is it a buy? If you are a medium to long-term investor, then it is a buy. However, 250-day mov has not given a buy signal.
If you are a short-term trader, it is difficult to say because the MACD showed a sell signal on Nov 24. Normally, it would not give a buy signal so fast. It might test the low at 2.18 achieved on Oct 28, 2008.
We will have to see how it perform on Friday. Maybe it will test the low and rebound. Short-term traders or day-traders need to watch the market carefully. You have to take the market risk. Suppose you can catch the stock at 2.18(if it dropped) and you bought 10 k, later it were to rebound to 2.50 and you sell, you made RM 2,852.48.
People who are close to the market can do that. If you are a contra player, of course, there is this inherent risk, which no body can escape and you need to bear.