Axiata should resume its upward trend after closing above the RM5.40 resistance level for a few days now. A purchase can be made on close above 2-day high of RM5.46, with a close below RM5.28 as stop-loss. The price target is RM6.75, with resistance also expected at RM6.00. Failure to hold above RM5.40 may invite selling, with confirmation on the trigger of stop-loss. Supports are at RM5.10 and RM4.80.
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....