MRCB: THE ACCUMULATION WEEK

Don't be dissappointed yet. MRCB prices haven't changed much. The price did up & down, but actually it never moved. Something has accumulated the stock at around .700 price point. We can confirm that profit taking has happened on 13th July. 164 million shares have been disposed on that day. Fast forward throughout the week, the retailers and perhaps, institutions have accumulated the stock before the ex date. From 16th July to 18th July, about 197 million shares have been bought. Dividen players did disposed some of the shares on 18th July, but the low .675 has quickly attracted another investors. With the confidence announced by Mr. Prime Minister on 19th July, the price has steadily been bought of about 111 million shares and another 53 million today, 20th July.

From this point, MRCB gonna break it's major resistance of .740 by next week, before heading to break the trend price of .800. 

Yes, this a risky holding, but there's a huge potential waiting ahead. How about you? What do you think? Leave out your opinion at the comment section below!