Luxchem's uptrend is likely to extend after it reached a five-year high yesterday. A purchase can be made above the broken RM1.20 resistance level, while a close below last week's low of RM1.18 can be employed as a stop-loss. The price target is RM1.40, with selling also anticipated at RM1.30. A close back below RM1.20 may signal a false breakout and weakness is confirmed on a close below RM1.18. Strong support lies at RM1.10.
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....