Allianz may trade higher if it can break above the 6-month resistance level of RM5.00. A position can be initiated if it happens, with a close below RM4.85 as stop-loss. The price target is last year's high of RM5.50. A failure to break above RM5.00 may invite selling, with a close below RM4.85 as confirmation. Expect strong support at the recent low of RM4.50.
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....