JCY's expected higher move may not materialise after its tumble yesterday. An aggressive trader may exit below RM1.60 or otherwise, on confirmation below RM1.38. Supports are expected at RM1.20 and RM1.07, and a violation of both supports may spell the end of the rally. The weak bias is nullified should the stock close above RM1.60, following which it is expected to go higher instead and resistance lie at RM1.75 and RM1.90.
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....