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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Market Correction or Beginning of a Crash

Market Correction or Beginning of a Crash

+6
Beyondsenses
Equity Win
stockie
target1
chandike73
Swissinvest
10 posters

Go down  Message [Page 1 of 1]

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

Market Correction or Beginning of a Crash
Appreciate Expert Opinion
Market Correction or Beginning of a Crash Cccccc10

chandike73

chandike73
Manager - Equity Analytics
Manager - Equity Analytics

Major contributors for this down are Expo, AAIC and LOLC. Others due to panic.Do not give valuable shares at low price. near good support level now.

nigma and Riz123 like this post

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

Greatly appreciate comments from veteran traders and technical analysts.

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

I believe we have hit bottom and next week onwards will have a good turnaround.
Market RSI is at the lowest after the COVID crash.

Riz123 likes this post

target1


Manager - Equity Analytics
Manager - Equity Analytics

With these brutal sell-off, cannot rely on technical analysis. I would wait until next week to get the idea.

stockie

stockie
Senior Equity Analytic
Senior Equity Analytic

target1 wrote:With these brutal sell-off, cannot rely on technical analysis. I would wait until next week to get the idea.

10,500 - 10,700 good support level, market hit that level today and bounced  back may be tomorrow as well.

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

10500 is speculated to be the final bottom before the turnaround.

stockie likes this post

Equity Win


Manager - Equity Analytics
Manager - Equity Analytics

closed and down 5% tomorrow Sleep Sleep Sleep Sleep

Beyondsenses

Beyondsenses
Manager - Equity Analytics
Manager - Equity Analytics

End of next week might be touching 8000, if fuel and dollar crises couldn't solve further down  Shocked
Market Correction or Beginning of a Crash X10

Sunimal likes this post

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

ASPI is already below 9,000 levels based on previous calculation hence the probability go down so low based on the new calculation is extremely rare.

Good turnaround will come by Mid March when speculation of company earnings for Q$ is clearer.

Most companies have done extremely well and hence there will be a positive impact.

Swissinvest


Manager - Equity Analytics
Manager - Equity Analytics

Been Just One month since this Post.
Hopefully, by next month things would have turnaround.

Niwa


Moderator
Moderator

Even ASPI goes 0 , hold your valuable shares . Keep in mind that we are a share owner of particular company . Companies are doing well . F****g retailers are panic and some are collecting 🧐🧐👍

nigma likes this post

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Pl allow market forces to do the needful

Stock market and the Economy must go in tandem

all who try to play the fool with market forces will be destroyed.

I understand that this has already happened to some people 

Pl correct me if i am wrong

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Market will come to real level very soon Those who have fundamentally sound stock nothing to worry

Best time for purchasing will come very soon

DO NOT BE PANIC BE A INTELIGENT INVESTER

samaritan


Moderator
Moderator

Positive market sentiment can reverse market direction as Companies are expected to far exceed expectations for the Qtr ending March.

CITIZEN

CITIZEN
Manager - Equity Analytics
Manager - Equity Analytics

D.G.Dayaratne wrote:Market will come to real level very soon Those who have fundamentally sound stock nothing to worry

Best time for purchasing will come very soon

DO NOT BE PANIC BE A INTELIGENT INVESTER
correct buy now good prices sound shares

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