SEE_Research
The Trilogy of FAST & FURIOUS Shows, Coming Soon @ KLSE
SEE_Research
Publish date: Mon, 16 Dec 2019, 10:05 PM
Just like the movies, the famed Fast & Furious is ALL ABOUT SPEED.
So wear your seatbelt and get ready for ride of your KLSE life!
1st show: POS / 4634
Technical Buy
- 12 December 2019, POS rose 15.0 sen (+10.60%) to close at RM1.56, backed by stronger-than-average trading volume.
- Chart-wise, the share seems to be catching a breather from the downtrend that started in October.
- Notably, 12 December 2019, candlestick formed along long bullish inverted hammer candlestick which we believe is a sign of a potential recovery.
- Additionally, key momentum indicators are showing meaningful upticks, further reiterating the possibility of a rebound.
- Should the buying momentum persist, we expect it to test its resistance at RM1.80 (R1) and RM2.20 (R2).
- Conversely, support levels can be found at RM1.20 (S1) and RM1.00 (S2).
Source : Kenanga Research 13 December https://klse.i3investor.com/servlets/staticfile/375668.jsp
On the 14 November 2019, there was E-Commerce Delivery Award 2019 by MCMC – Malaysian Communications and Multimedia Commissions for POS Malaysia has been awarded on 4 key performance.
- Best Company / Performance Improvement Award – POS Malaysia Bhd
- Best Rider (Man) – Mohammad Effandi Yatim Mustafa
- Best Driver (Van) – Muhammad Shahid
- Best Industry Role Model – Mohammad Syeikqul
There is an important letter coming out from MCMC.
It will be wise for the Best Rider (Man) En. Mohammad Effandi Yatim Mustafa to handle such important delivery.
Remarks:
Before 12 December 2019, this stock was hibernating and sleeping steadily at RM1.40/RM1.41 with daily volume 700lots - and upon 2.45pm, 12 December 2019, it woke up and drove up “Fast & Furious” from RM1.40 to RM1.67, closing same day at RM1.56. with day volume 9,383 lot.
Technically this stock will accelerate from 1.56 onwards to the recent
1st resistance level 1.80
2nd resistance level 2.22
3rd resistance level 2.60
It will be at the speed and the flawless maneuvering skills of our main driver, Vin Diesel.
WATCH OUT!!!
1st show time is NOW SHOWING.
Act Now for your buy position, or be left behind.
The next blockbuster will only be released after 10 years.
2nd show time on another stock will be posted subsequently
[ D _ _ _ _ G]
More articles on SEE_Research
The Trilogy of Fast and Furious Mode/ Part 7 / SUPERIOR BUL_ S CR _ PS by call vin ta boh liau _
Created by SEE_Research | Feb 26, 2023
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Created by SEE_Research | Jan 05, 2023
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