Technicals: Hwa Tai Industries - Possible For Further Recovery (8478, Technical Buy)
HWATAI is staging a potential breakout from its congestion phase, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.705 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.755. However, failure to hold on to support level of RM0.635 may indicate weakness in the share price and hence, a cut-loss signal.
Thank you whichever syndicate for PUMPing & DUMPing, allowing me to GET OUT in the low 70s, leaving ZERO shares while watching for the next opportunity to re-enter! =)
once a upon a time, this counter was RM200/share, before 97 financial crash, today only 0.60+......kesian la dia... luckily still around..... many had delisted and terus masuk kubur....kesian ...
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....
kennyqs
162 posts
Posted by kennyqs > 2022-03-28 13:14 | Report Abuse
potential to break 0.7?