HUAAN climbed up 4.5 sen (7.5%) yesterday to reach a 10-year high at RM0.645.
Technical outlook is bullish as shown by the string of white candlesticks formed over the past 2 weeks, which were supported by elevated trading volumes.
Momentum indicators are positive and are in a bullish convergence.
We expect the positive momentum to bring the share price up to RM0.700 (R1) and RM0.750 (R2). Any breaks below the RM0.600 (S1) and RM0.550 (S2) support levels are seen as a good entry point for buying
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....