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Saturday, 2 June 2018

Funds Flow Analysis of MyEG Services Bhd (KLSE: 0138): 2 June 2018, Saturday, 12.36pm Singapore Time

Funds Flow Analysis of MyEG Services Bhd (KLSE: 0138): 
2 June 2018, Saturday, 12.36pm Singapore Time
(Click on FFA Chart above to Expand)

Attached is the Funds Flow of MyEG Services Bhd that is listed in the KLSE (KLSE: 0138). Refer to each of the funds flow sequence in the timeline series illustrated on chart to see how funds outflow was executed (from the all-knowing birds, to the early birds, to the majority of the flock of birds involving the main outflow tsunami to the late birds). When majority of the flock of smart birds were outflowing as tsunami, it is obvious based on the FFA flow that a lot of retailers were trying to catch MyEG stocks which had discounted by more than -50% thinking it is cheap. This resulted in the price down to be disproportionate compared to the funds flow outflow, i.e. outflow tsunami got out at decent prices because fools' monies rushed in aplenty. Based on thousands of precedents worldwide, selling is often far from ended for such a funds flow outflowing stock, especially when it is evident that many retailers bought a falling knife. Prices are often able to further half price again after an initial half price.

Past MyEG Analyses:
http://donovan-ang.blogspot.com/search/label/MYEG


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