After so long hit around RM 2.40 level and bounce back, suddenly came with such powerful long green candle. Are they chasing for dividend? Taken from a news "Most valuable gaming company in the region is under pressure as business is down at a time when it has a US$4.3bil (RM18.5bil) project in Las Vegas to complete."
Fibonacci telling that the next resistance level could be RM 2.62 but of course, we may still need to refer back to the entire big picture to this downtrend chart where it yet to pass the FH level @ RM 2.73
Is it pushing high by Big Player? Retailer start to take position for the entitlement of dividend RM 0.05? Let's keep monitoring it and find the entry point within the squeeze on.
Appreciate anyone could correct my view and provide your comment so that I can keep learning. ^_^
Fibonacci telling that the next resistance level could be RM 2.62 but of course, we may still need to refer back to the entire big picture to this downtrend chart where it yet to pass the FH level @ RM 2.73
Is it pushing high by Big Player? Retailer start to take position for the entitlement of dividend RM 0.05? Let's keep monitoring it and find the entry point within the squeeze on.
Appreciate anyone could correct my view and provide your comment so that I can keep learning. ^_^