Simple13 Trading Idea
To me, NationGate remains one of the strongest tech stocks and a key player in the Data Center theme. Despite the recent 20% drop from its peak, I see this as an opportunity rather than a concern.
📉 Current Situation:
The stock price has experienced strong selling momentum, likely driven by macro issues and profit-taking by traders.
This presents a potential buying opportunity, especially for those who believe in its long-term growth story.
📈 My Strategy:
1️⃣ First Entry:
At RM 2.20, which aligns with the Fibonacci 0.5 retracement support level.
2️⃣ Second Entry:
At RM 2.00, near the Fibonacci 0.618 retracement support level.
3️⃣ Additional Investment:
If the stock doesn’t fall to RM 2.00, I will add to my position near the trendline support.
💡 For New Investors:
If you don’t currently hold NationGate, this recent price drop might be a good entry point for investment or portfolio addition.
🔮 Why I’m Optimistic:
I believe NationGate’s fundamentals remain strong, and its future growth prospects in the tech and data center industries are solid.
The current pullback is temporary and largely influenced by external factors.
Disclaimer: This is not financial advice. Conduct your own research before making investment decisions.
NATGATE
📉 Current Situation:
The stock price has experienced strong selling momentum, likely driven by macro issues and profit-taking by traders.
This presents a potential buying opportunity, especially for those who believe in its long-term growth story.
📈 My Strategy:
1️⃣ First Entry:
At RM 2.20, which aligns with the Fibonacci 0.5 retracement support level.
2️⃣ Second Entry:
At RM 2.00, near the Fibonacci 0.618 retracement support level.
3️⃣ Additional Investment:
If the stock doesn’t fall to RM 2.00, I will add to my position near the trendline support.
💡 For New Investors:
If you don’t currently hold NationGate, this recent price drop might be a good entry point for investment or portfolio addition.
🔮 Why I’m Optimistic:
I believe NationGate’s fundamentals remain strong, and its future growth prospects in the tech and data center industries are solid.
The current pullback is temporary and largely influenced by external factors.
Disclaimer: This is not financial advice. Conduct your own research before making investment decisions.
NATGATE 
Disclaimer
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