1. Market may be over optimistic... more than 50% of them are ACE market counters.
2. Probably this is the end of the short lived bull run? But this still need to depend on the outcome of G-20 resolution over the weekend.
3. Ahead of the long weekend, is the market prepared to take some profit?
Maybe yes for selective stocks... especially if the counter has gained > 20% within hours.
This blog is related to observations regarding stocks traded in Malaysia. Disclaimer: The company analysis that appear in this blog is merely facts gathered from different sources and the author's personal view. It is not a buy or sell recommendation. The author do not guarantee the accuracy of the facts being presented. Please consult your investment advisors before acting on any information provided by the analysis above.
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