SAM Engineering Reversing the downtrendStarting forming higher low and reversing the trend. First resistance level is 6.150.
SAM trade ideas
Is Sam plummeting?LHLL
BOOMERANG
inverted Pattern C + T1<T2
fibo hit down @1.618
TP 1 @ 5.665
TP 2 @ 4.155
Funds Flow of SAM Very Long Term Funds Flow of SAM Engineering and Equipment Bhd. During the period of consolidation in the green boxed region, smart money funds flow kept flooding into this company's equities. This eventually brewed for a multi-bagger upmove in prices (See FFA and Technical Chart illustrated). Currently, SAM Engineering and Equipment Bhd is forming an Inverse Shoulder-Head-Shoulder price structure which is bullish in price action for re-accumulation. This is achieved under strong funds flow as backing. There is very high probability it will continue its uptrend for sustained all time highs never seen before. Next target: $11.00 based on inverse SHS projection up.
