Globetronics' rally should continue after it printed another 52-week high yesterday. A position can be initiated above RM1.34 with a close below RM1.30 as a stop-loss. The price target is just below the 2011 high of RM1.65, with selling also expected at the psychological RM1.50. The trade may not work out should the stop-loss be triggered and the stock may trade sideways instead. Supports are at RM1.20 and 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....