TRACVIRUS is a product of Tri-G Technologies Sdn Bhd (a subsidiary of public listed company Nexgram Holdings Bhd with Malaysia Medical Device Authority (MDA) medic distributor licenses)
Price action does not look good. Players trying to defend at 0.41. If give way likely to find support at 0.355 area. From there should have a better bounce up. Already dropped a lot from high of 0.715. Give it 50% retracement around 0.355 to 0.36 should be a strong buy. Company is profitable still ok to hold.
Today's trend analysis showed that banker chips stay consistently at around 50%, which mean that the investors continue their act of offloading their shares as before, and coupled with stronger selling pressure from retailers at around 46%, no wonder the price has suffered a drastic drop. However, Stochastic Oscillator indicated that it is now deep into oversold territory and a rebound should be on the cards very soon. Watch out!
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....
strattegist
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Posted by strattegist > 2020-07-10 14:39 | Report Abuse
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