Saturday, June 3, 2023

52W low : PBBank and LPI

 6.30 am morning ... it rains ... good. Been very hot for days and temperature hitting record high of 35-38 C. Heatwave all over the country ... so, no travelling during this long weekend break.



PBBank : at 52w low ... RSI 29.3 ... still waiting for 3.60-3.70 ... do u think I could get her there? So, I wait ... if not , never mind as I have many more at 52w low to buy in.



LPI : also at 52w low ... not so popular a stock as retailers seeing her as 'expensive' at RM11.74 . Rebounded on Friday, actually. 

Note : LPI = LonPac Insurance https://www.lpicapital.com/

These are giants ... good dividend, defensive stocks ... and currently SALES is on-going, why no one talk about buying? See PBBANK ... all will talk about her when the stocks up up, isn't logical to talk about her NOW ... as it is going lower, cheaper? 

UT agents SHOULD learn to be contrarians too ... talk to clients to buy in during such sales rather than DCA blindly? no?

Cheap can go cheaper ... than is why we DCA stocks we like, right? But if we are going buy, WHY chasing it up, rather than chasing it down? 

Currently , I m heavy in buying due to many stocks at cheap sales. Everyone need to learn to buy during SALES. 

Time for breakfast and start reading. 

TEH

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