MBSM's six-month sideways consolidation should end after the stock closed again above the RM2.40 resistance level. A position can be initiated above this level, with a close below the recent RM2.25 low as a stop-loss. The price target is RM3.00, with resistance also anticipated at RM2.80. A trade may not work if the stop-loss is triggered, whereupon the sideways move is likely to continue. Strong support is at RM2.00.
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....