Penny Shares - Technical Analysis

Penny Shares - Technical Analysis_15.08.2020

Below were the penny shares which I bought for speculative. I was making small gain whereas loss the chance of make big gain. I sold the shares before limit up or another 量来大涨. I didn't bought anymore after I sold because I knew the risk was very high already. Sometimes 庄家做股 also depend on the 天时, 地利, 人和. The reason why they can make the shares limit up was because a lot of the shares were limit up at the same period and also market a lot of the new joiner. I can't predict the market was so crazy therefore I sold my shares when 量来价涨. Always remember to sell those "Goreng Shares" when 量来价涨, not to buy. Think about when is the good time 庄家 sell their shares. It is okay to earn less rather than loss money. You can see why the reason 量来价涨 that you need to sell from the below charts. Besides that, you only can earn money from penny shares when under strong speculative phenomena. Penny shares are dead during the normal times.

K1

The reason I bought K1 was because I was thinking the 庄家 was collecting the shares and no reason the 庄家 won't do anything if no earn money. This was because 庄家 also incur holding cost and they don't hope to hold for long period, the risk to them was high too. 

MGRC

The reason I bought MGRC was because most of the companies' share price under healthcare sector were increased whereas MGRC likes no movement. From the chart I saw, the 庄家 also collecting shares. However, I was kena 洗出去 and sold half of the shares in loss. 太盯盘了, disturb my emotion. After that, I sold another half of shares when 量来价涨, manage to cover the loss and make small small gain. After that, you can see the story from the below chart.

MTAG

The reason I bought MTAG was also because the share price was under 震荡区 (庄家 collecting shares and 洗盘 to make those people no holding power to sell their shares) before 量来价涨. I sold my shares when 量来价涨.

The good method to trade penny shares are to 分批卖.

The above is for my own and future reference. Not buy and sell call. Thank you.