Like Mother Like Son.In the money warrant,as its Premium is negative value.Gearing 1.61.Expiry date 19/6/2024
Scomnet-Wa is on an uptrend mode. Very nice bounce@ support level of the trendline. Based on Fibo 1:1, I'm expecting Scomnet-Wa will be able to break near resistant level and go up further to reached 2.165 in mid-term. TAYOR!
With one day trading volume higher compared to previous week average daily trading volume showing improved interest by traders to the warrant. This is strongly correlated with similar increased interest to the mother-stock. Ideally, next-day trading should exhibit retracement of the interest and price of the stock, once hit RM0.530, we should carefully monitor...