I just did a search on M1 and it seemed like there was a constant downgrade on this counter from hold and sell where from the chart wise, it looks quite bearish too. Click below and read.
https://www.theedgesingapore.com/brokerages-keep-m1-hold-after-dip-3q-earnings
From how the way price fluctuates and how after the bad results 2 days back caused the price to dip clearly showed that the sellers are pilling up and supporting more downside to come. Of course, all these are fundamental stories and facts but from a trading point of view, one has to look at key turning points before taking actions. For now, I am bearish but who knows it might turn soon?
Ronald K - Market Psychologist - A Stock Market Opportunist
