$IFAST(AIY.SG)Despite earnings results that met or beat estimates and buy calls by various brokers, this stock has repeatedly experienced steep sell-offs and its stock price has stayed range bound. It broke below MA50 and the upward trend line that had been forming in the daily chart. I expect it to move towards 8.45-8.5 before it has any hope of rebounding.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.