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WCT gained 1 sen or 1.2% to close at RM0.83 last Friday.
WCT has been trading with higher-than-average volume recently amid the improving sentiment within the construction sector. From here, we expect the follow-through buying momentum is likely to continue due to better prospect especially on the potential ECRL revival.
As such, we expect resistance levels to be found at RM0.910 (R1) and further to RM0.925 (R2).
Support levels can be expected at RM0.800 (S1) and RM0.710 (S2).
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....