GoldenTurtle

Buy today sell tomorrow strategy- CYL CORPORATION BHD

Long
GoldenTurtle Updated   
MYX:CYL   CYL CORPORATION BHD
Stock market recently is very volatile and thus good for flipping.
We realize there are some penny counter suddenly get noticed by market.
Penny counter have different characteristic and hence require professional operation.
CYL is certainly on my radar.
CYL has healthy financial report coupled with nice chart pattern set up.
VCP chart properly set up with increasing volume.
Once price break-out from RM0.65, it could be flying to the moon.
Nevertheless, novice in stock market should set a hard cut loss point range between 8-15% of investment value.
Comment:
Syndicate now playing maximum pump and dump strategy on penny counter.
Not recommend going to aggressive on this type of counter.
Expect quick retracement and wait for proper entry point.
Stock can only be pushing up once proper shake out done.
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