The continuation of Malton's rebound may likely happen after the stock produced a white candle yesterday. A position can be initiated above the prior two-day high of RM0.54, with a close below last week's low of RM0.525 as a stop-loss. Conservative trade may hold until a close above RM0.58 occurs. The price target is RM0.635, with selling also expected at RM0.615. The upside bias is nullified if the stop-loss is triggered and strong support is at the recent low of RM0.48.
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....