Market in General
Why Rohas is a 5G Hidden Gem?
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Fundamental view
One of the core business is the fabrication of steel lattice towers and monopolies for power transmission and telecommunications, supported by its in-house design and installation capabilities.
This will be benefited from the phase of Jendela where a total of 1661 new towers will be built in urban and rural areas which expected to start in end of year 2021.
Source:
https://www.theedgemarkets.com/article/jendela-4g-coverage-reaches-94
Technical view: (posted in our paid membership on 4 Oct 2021)
Price crosses and retesting at EMA50.
Weekly showing oversold. Potential rebound.
range 0.30-0.33
resistance 0.345/0.36/0.375/0.40/0.425
alert: 0.28-0.275
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