adamkhoosk

SOLID Volume Surge Pattern = Rocket Up Soon?

Long
MYX:SOLID   SOLID AUTOMOTIVE BHD
I would like to share my observation in SOLID volume surge recently.
Suspect someone is collecting the ticket with large volume.

After big fund collected enough amount of ticket, ticket available getting lesser (mean supply in the market is lesser), so when demand is high, the share price will rocket up.

If you see the volume comparison back in 2014/2015, the volume spike up for few weeks and then the share price ROCKET up.
Then, the volume has been so quiet since 2015 - 2020. Again, this few weeks the volume is active again.

Is this phenomenon represent that someone collecting and want to push the price up soon?

Let's see.

Strategy:
Entry price: 0.350/0,355
Support: 0.325

Buy at your own risk, just now humble analysis and observation.

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