Singapore Stock Trading Insights | Joey Choy
2022-05-11 08:10:48
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๐๐๐ - ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐% ๐๐๐ฅ๐ฅ ๐๐จ๐ฐ๐ง ๐ข๐ง ๐ ๐๐จ๐ง๐ญ๐ก๐ฌ | ๐๐ข๐ฆ๐ ๐๐จ ๐๐๐ซ๐ ๐๐ข๐ง ๐๐ฎ๐ง๐ญ?
IFAST was one of the best performing SG stocks in 2021. Climbing from $3 to about $10 in just 9 months in 2021.. a whopping 228%.. It went to a high of about $10 in Oct last year and sellers were just there to defend and pushed prices down each time it neared. As we begun 2022, more weakness crept in and it has seen traded down by more than 50% from it's peak at 10.00... yes, you head it right... a 50% sell down with prices at about 4.76 now.!!! So what should we do now? Is it time to rush in like there is no tomorrow for the biggest bargain ever or.. should we still be cautious of more selling that can potentially happen? Joey here, Top Tier Remisier and trader in Phillip Securities. Watch this