I think it is obvious enought, no need for me to say much. Like any other tech stocks in STI, Hi-P was sold badly down to day low 1.73 and closed at 1.80. If you have sold off Hi-P based on my prior post, your heart may not have bled so badly. Ok, because Hi-P had hit a support level, which was also a demand zone, it may has a chance to rebound. However, I doubt the rebound can be a very meaningful one when compared to others which had already reported Q1 earnings.
I also wished to take this opportunity to warn everyone to be on guard against the so called TA guru - Lynlynnakamori. This is extremely important if you realised that she has gathered so many supporters and again had tricked them into holding Hi-P. Because she is an expert in TA, I am quite certain that she or her dark fund would have liquidated her or thier positions ealier. Her followers may have ended up the buyers of those shares that was liquidated. I am pretty certain she would buy back at some point at lower price to show that she still has the shares and will commit to support Hi-P. I am gathering all the things to show how she has effectively fooled her supporters in InvestingNote.
1. Purposely made an estimate to show that
Hi-P is gong to rebound to 2.18.
After Hi-P share price had fallen to 1.80 today, everyone was asking her about it. She just keep quiet as if it was none of her business.
2. Wrote a long article telling all the readers in the forum that Hi-P will not be affected by the tech sector correction. It was being researched that Hi-P's business operation relied heavily on Apple phone volumes. When Apple phones forecasted on demand and production drop, lynlynnakamori claimed that Hi-P already changed its business direction to driverless car sector.
Some weeks ago, when positive news was reported on Apple phones, she was seen calling 'Hi-P' chiong ah! Okie!! I hope to learn flipping prata skill from her really.
3. Posted a total irrelavant article about technology sector and then claimed that Hi-P is immune to tech sector reversal. I can not understand why so many followers can be so blind.
4. Well, she claimed to be a TA expert and no one should question her on her TA charts reading. You questioned her, she would 'Block' you and made you regret.
Sometimes, I also wondered if she really is that good. Obviously, Hi-P's TA chart was so wrong. And so many of her supported stocks are doing so badly these period. To name a few, Ezion, yuuzoo, Moya Asia, Dragon, Comfort Delgro (at least showed some improvement), Midas (if she really has it), Rex, Kris Energy, Jiutian etc. If one has all these shares, he or she would have cried all the way to the toilet.
I just want to conclude by reminding readers not to blindly follow her and pass the message around. Help others.
