Nov 5th - Market Report Vivocom. Close RM1.07 volume 83.67M.
Today Vivocom turned in yet another stunning and solid performance, Gap Up Opening and Gap Up Closing. With strong convincing volume and a healthy yet hefty price hike of 15c for the day. Wow!
That’s an increase of 238% to RM1.07 from RM0.45 on 27th Oct.
I am anticipating today to be another bullish day.
With my over 20 years of experience in trading and market risks assessment, I remain highly optimistic on Vivocom heading into today’s outlook on Nov 6th, based on the following technical justifications :-
1) First and foremost, the Gap Up by 4 price level yesterday morning with high volume break out away from RM0.94 was simply brilliant.
2) Consequently on the 15 min chart and market closing matching and traded at Gap Up Closing by 2 price levels, this formed a supremely bullish Marobozu candle stick.
From A Volume Price Action Analysis interpretation this is a most healthy bullish rally indeed. Traders get highly excited when a Marubozu candle emerges as it augurs well for another hefty Rally.
2006 ipower chia kok chin involved New IPO Change name 2012 instacom chia kok seng involved Want to build fibte optic link malaysia. Change name 2016 vivocom Con job said CRCC appoint them as south east asia agent. 2020 vivocom chia kok teong involved
This 3 chia brothers using this same company everytime change the company name con n con n con .......
This time whats the story? Change to property developer? Build asia tallest building or build asia biggest housing project?
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....