CAMRES trade ideas
CAM RESOURCES BERHAD- Big boys are collecting tickets.We noticed there are some player in the market collecting shares at RM0.37
CAM resources is now trading at a stable price, really difficult to predict next move since there is no catalyst for this counter.
Its director is keep disposing its shares may indicate some problem with the company.
Revenue keep increasing but net profit still stagnant show that the company likely to engage in earnings management.
Trading in this counter is really risky but profitable once it breakout from RM0.40 (Previous support).
Trading Idea CAMRES (03/02/2021) Trading Idea CAMRES (03/02/2021)
- Bullish trend (above EMA50).
- Entry within the yellow zone (T2/T3).
- Target and stop-loss as drawn (fibo).
Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
