Support: 2.5 sen, 2.0 sen
Resistance: 3.0 sen, 4.5 sen
TWL Holdings, a fundamentally strong property developer listed on Bursa Malaysia has always been on my watchlist. But due to the high share base of the company, a lot of investors are somewhat reluctant to invest in the company. Based on our observations, it is quite easy to profit in this company. Investors can put in a long term GTD order at 2.5 sen and 2.0 sen, the key support of the company, and take profit on 3.0 sen and 4.5 resistance respectively.
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