Sime may decline after it failed to break above the psychological RM10.00 despite testing it all month long. A position can be liquidated on a close below RM9.80, with support anticipated at RM9.50 and RM9.30. An aggressive trade may exit below RM9.90. However, a close above RM10.00 likely cancels the weak bias and sees the stock rising further. Resistance levels are at RM10.30 and RM10.50.
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....