Deleum's rebound should continue after it closed at a four-year high. A purchase can be made above the May high of RM1.83 with a close below yesterday's low of RM1.77 taken as a stop-loss. However, a conservative trade may opt for Monday's gap of RM1.63 as a stop-loss instead. The price target is RM2.20, provided that the psychological RM2.00 is violated. The trade may not be effective should the stop-loss be triggered. Strong support is at RM1.55.
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 4407 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....