Affin may trade higher after making a false breakdown of the RM3.00 psychological level recently. A purchase can be made on the close above the 3-month high of RM3.12, with a close below RM3.00 as stop-loss. An aggressive trade may even enter now. The price target is the 2011 high of RM3.80, with resistance also expected at RM3.40. A close below RM3.00 nullifies the upward bias, after which the stock may trade lower. Supports are at RM2.80 and RM2.60.
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....