Powerwell just landed an Intel Contract ? Bearish on this stock

Very nice breakout from the falling wedge.

Powerwell won a contract in Kulim Hi-tech with a whopping of RM40m.
https://klse.i3investor.com/web/announcement/detail/1674885


And the multinational company that they are mentioning about ? what do you think ?
[url=thestar.com.my/tech/tech-news/2021/12/16/intel-to-invest-us7bil-in-new-plant-in-malaysia-creating-9000-jobs ]thestar.com.my/tech/tech-news/2021/12/16/intel-to-invest-us7bil-in-new-plant-in-malaysia-creating-9000-jobs

Anyways looking for correction & collection between, 20 - 22cents ! , Duration 3-4 weeks
upcoming greater prospect in next 2 QR
this stock is a steal. buying the dip

IPO price : 30 cents
Stock is literally down 20% from IPO price
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