Nice cup and handle.
Pros:
- Volume & RS!!!!
-Good fundamental
-Above RBS
-Possible new ATH
-Price contraction building handle
Cons:
-Market very volatile but possible not so long downward
-High volume down days
-Analyst target RM2.00
Conclusion:
Pilot buy/watch. Not too aggressive. Textbook CnH
Operator collected enough of chips from 10-12 Nov, there is no more room to go down.
Double bottom formed and don't think there is third, limited profit but at least it's solid
Price start recover from Bottom 0.94 & forecast earnings from Shareinvestor rpt will be recover by 2021.
Long term value investor can look at it.
(Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
