Selling pressure on CSL intensified after the stock closed below the psychological RM1.50 for 2 consecutive days Thus, it is expected to trade lower, with a position possibly liquidated below this level. The price weakness will be confirmed should it close below the May-low of RM1.30, with next support at the psychological RM1.00. Meanwhile, a close back above RM1.56 may indicate a false breakdown, after which expect resistance at the April-high of RM1.80.
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....