Everyone in Malaysia is so hyped out about this stock where it appreciated so much. so what is going to happen is that those who think they have missed the opportunity will be buying at the highest price. these traders are called FOMO traders ( Fear of Missing Out).
Those who accumulated the stock at the lower price will be selling their stock to these FOMO traders at the highest price.
Price will eventually come down impulsively and attract more real buyers to bring the price higher.
Those who accumulated the stock at the lower price will be selling their stock to these FOMO traders at the highest price.
Price will eventually come down impulsively and attract more real buyers to bring the price higher.