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Nestcon will remain constant growth as P/E ratio is high.
This counter seems to be similar with Hextar on my previous counter where i have achieved 100% ROI since last 430 days ago. It would be same for nestcon. I hold for 3 months already with exercise price/strike price of 0.400
Those holding investor, you may hold your investment within a year. Most likely to be around 6 to 12 months growth
I remain with my targets that it will grow as weekly chart has breakthrough the MACD centreline and probably it will take few weeks to grow further which i could consider it will break 0.585.
For short term trade, yes it will drop to reconcile and finding its support for 1 hour chart while 4 hours chart still remain positive.
As trader, this counter is not good as it will grow slowly similar to hextar global company but for investor, this counter is strong with current lower PE Ratio.
Haha.. Its all your perspective. The best thing is, u need to have both trading and investing
One or two for investment and find the best stock and retain it for 1 year which will contribute higher return. Dont expect fast. Trust me, investing is better than trading but it takes 1 year or maybe earlier than that. You get 50% to 100% within a year is better than ASB
dividend and other portfolio
And trading, you find your way which has potential to break daily MACD centreline. Thats all.
