Thursday, November 26, 2015

Canon News 26/11/2015 – Decent surprise at the wrong time.



Market had started to breath negatively for yesterday and add up with the shoot down of Russian fighter jet had pushes the sentiment even worst. On the other hand, the shoot down had causes the oil price to shoot which had in turn causes RM to appreciate. This had resulted sell down in export counters in the market today.

As we have mentioned before, the high volume traded in the market is showing the market is hot and again, the fall of small cap and those export stocks had again proven our that our volume theory works.

We have saw 3 of our holding companies had announced their quarter result and the results are great. However the sentiment is bad and we have saw huge sell down to these stocks where some of it had hit our run road price. To those weak holders, please follow your trading plan and for us, we are still looking at these stocks as they have value within.

Remember, U may RUN ROAD today but don’t forget to look back at it again once it is oversold as it will be dirt cheap to invest!

Some of the readers had started to ask Big Canon when we will re-enter the stock. Well, we will wait for it to be oversold and that’s the time we add in our position.

As for tonight, we don’t have much to highlight but U may read our update on 2 of our holdings:
To our readers out there, do not lose faith to the market as ups and downs are just a normal cycle, stock with value will always move up when the time comes. Be confident and trade according to plan.

Last but not least, this is the time to observe whether who is swimming nakedly. Time to hunt for gold mine! XD

May all the HUAT be with us!
Regards
Big Canon Finance


Disclaimer: The content on this site is provided as general information and for education purpose only which should not be taken as investment advice.

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