clearly in corrective wave... at the tail end perhaps... second time support found at 1.70... maybe double bottom in the making.. selling volume the 2nd time it reaches 1.70 also reduced significantly, which is a positive sign..
Weida rebounded in its latest session after recently bouncing off the MYR1.70 support level. Traders may buy if the MYR1.83 level is breached in the near term, with a target price of MYR2.03. In the meantime, the stock may move sideways if the MYR1.83 level cannot be breached. Support may be found at MYR1.70, where traders can exit upon a breach.
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....
wisdomtot
645 posts
Posted by wisdomtot > 2016-01-22 18:49 | Report Abuse
clearly in corrective wave... at the tail end perhaps... second time support found at 1.70... maybe double bottom in the making.. selling volume the 2nd time it reaches 1.70 also reduced significantly, which is a positive sign..