LITRAK's sideways consolidation may end if it breaks above RM4.15. A position can be initiated if it happens, with a close below the 2-month low of RM3.92 as stop-loss. An aggressive trader may enter above the stop-loss on anticipation of a breakout. The price target is RM4.80, with resistance also expected at RM4.50. Correction may ensue should the stop-loss be triggered and supports are seen at RM3.80 and RM3.70.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 4513 views | 4 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....