The StemLife rally should continue after printing another 52-week high yesterday. A position can be initiated above the prior high of RM0.44, with a close below the 3-day low of RM0.425 as stop-loss. The price target is RM0.54, provided that the psychological RM0.50 is violated. However, correction may ensue should the stop-loss be triggered. Supports are expected at the Fibonacci retracements of the 9-month rally at RM0.37 and RM0.34.
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....