Today there is a news on Krono acquires remaining stake in Quantum China, with headline saying Krono is stepping footprint into China Market. A lot of traders quickly bought into krono thinking Krono will grow tremendously due to this news. in fact, this is only partially true. WHY ? 

because this news is old news. the same news headline was reported back in 2018 which managed to stir traders interest and made the price shoot up. That time Krono acquired 16.67% which already made krono stepping the footprint to china market since 2018. 

But, today, the headline again make it big big stepping into CHINA market so that it will catch traders eye. 

and, from past historical event, Krono price is always disappointing comparing to other tech/semicon stocks due to many rounds of Private Placement  were done which diluted the existing shareholders shares which i guess, was the reason that our profound Malaysian Investor , coldeye, sold his stake.

  

Support line 0.670 is broken. Krono is expected to be touching 0.490 - 0.500 level in less than a month. 

    

 Greatec form a double Top pattern which is a bearish sign. Traders need to be extra cautious as this chart pattern indicate the price will going south.

 Carlsberg just reported a profit of 21.73 cents per share for Q12021. which is lower than Q12020 due to covid19 pandemic. Q1 is the strongest quarter due to CNY sale. As a result, the rest of the year will be lower in revenue and profit. thus, with current price of RM21.xx , i believe it will going south for the next 6 months. Coupled with increased covid19 cases in Malaysia and Singapore. Q22021 will be very bad. 

Based on the chart, the generic price for carlsberg is RM24+- . Forget about the spike to RM31 as it was just pump and dump in a very short period.

Thus, the upside potential is limited even after the pandemic is over, but the downside risk is higher. 

 Unisem has broken the strong support line today. For short to mid term traders, better sell first as technically show there will be further downside.

 For long term investor. watch out the coming quarter if the earning can recover. The current quarter does not earn a decent profit to sustain the share price.

By refering to my previous article on Gtronic https://moneynology.blogspot.com/2021/04/gtronic-technical-analysis-after-news.html

It is confirmed today that the head and shoulder pattern is real and the neckline is broken today. 

The very solid support line at 2.30 is also broken as of now when this article is written. unless by end of the day it is able to close above the 2.30. Else, Technical side looks really bad.

 Rumours saying Apple might change the supply chain from AMS AG to STMICROELECTRONICS has made Gtronic share price dropping for the past few days. From TA point of view, it is head and shoulder which is a bad sign :