TradeVSA - Stock Trade Ideas

Potential Low Risk Stock Trade Idea – RanHill (5272.KL)

TradeVSA
Publish date: Thu, 01 Nov 2018, 02:19 PM

 

Smart Money is flushing out the weak-hand holders out of RanHill again. Notice the bar on 24 Occtober, the price broke below support at RM0.985 and subsequently close above the support level on 29 October. Read our previous post about RanHill on 16 October 2018.
https://klse.i3investor.com/blogs/tradevsa_stock_ideas/178476.jsp
 
Based on the daily chart, Smart Money still interested to support and push the price above resistance level despite bearish market for last 3 weeks in KLCI. Smart Money is ready to re-test the resistance level at RM1.06 by pushes above the UT (sign of weakness) bar.
 
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Disclaimer
 
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.
 
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PH_Govn

Will KWAP new CEO support buying when old CEO refused that led to his early exit?

2018-11-01 14:28

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