Tan Chong may resume its uptrend after holding above the RM4.45 support level for the past 3 months. A purchase can be made on a close above the 3-month resistance level of RM4.60 with a close below RM4.45 as stop-loss. The price target is RM5.00 with selling also expected at RM4.80. A close below RM4.45 should see the stock heading lower, continuing its downtrend. Supports are at RM4.00 and RM3.50.
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....