Intact uptrend with proper cup and handle set up.
Banker Chips piling up on Wednesday and we notice minor contracting volume on Friday.
Good sign that Banker may churning off unstable retailers before strong rally.
MAny signs show that big boys already very heavily involved in this counter and we expect strong rally happen next week given that market sentiment keep in status quo.
Entry: RM0.91~RM0.95
TP: RM1.10
Cut loss: RM0.85
Banker Chips piling up on Wednesday and we notice minor contracting volume on Friday.
Good sign that Banker may churning off unstable retailers before strong rally.
MAny signs show that big boys already very heavily involved in this counter and we expect strong rally happen next week given that market sentiment keep in status quo.
Entry: RM0.91~RM0.95
TP: RM1.10
Cut loss: RM0.85
Comment:
Easily hit our target price and even almost hit limit up.
Nevertheless, we should take profit and monitor for reentry since it's already over entended.
Nevertheless, we should take profit and monitor for reentry since it's already over entended.
It may take fews day to rest before another rally.