Bull and Bear
GREATEC, Maybe you need the Price projection
GREATEC..... newly born baby
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first of all, im not a fan of IPO stock.
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as there were request to view this counter..
and spot a flag formation..
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so.. lets see what we see..
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a good Flag formation spotted..
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as no previous history price as Resistance..
we use Fibonacci and Flag breakout TP as projection
for FIBO.. 1.20, 1.26 is the nearest TP
if use Flag breakout TP, 1.40 is the ultimate Exit point
ofcoz.. price may turned down before reaching above mention level.
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rm1 and 0.90 must hold well
as this is newly IPO, its difficult for us to decode on their behavior..their DNA...
we based on textbook theory to give our view.
TA wise, its still strong up.
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dont try it at home, please read the disclaimer
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Please be informed that our analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
