HSL (6238) This stock Kim called out in the channel to buy today due to he saw potential in this counter.

From the news we know that HSL is bidding for Pan Borneo Highway Project which the results will be announced very soon in August and September this year. It could be that HSL having a very high chance of getting the projects that is why the price rose and close today at 1.760.

From news adopted from The Edge says that this stock AllianceDBS research is rating this counter to go higher atleast 1.80 or 1.85 if 1.760 is crossed. Well we know today closing 1.760 which is what being mentioned.

Coincidently our in house chartist saw potentials in this stock because it just formed a confirmation of breakout from the bullish inverse head and shoulders formation which will cross the margin above 1.80. Please refer to the chart provided by our chartist.

For tomorrow we expect another bull run crossing 1.76 with volume and touch 1.80 resistance before going further up.

Another potential and stock with momentum brought to you by Kim.

Happy trading and good luck. TAYOR

Regards,

Ms Kana

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