lowest had been form higher higher created as RRR 3:1. worth to take risk.
break last high at 0.825,demand in control look forward at 1.170 TA:looking for momentum trade can consider SL 0.835
break last high and stay above, if stay above will find chance test 1.5. RRR 1.53:1 can consider a short trade
FA call Laos’s power plant start operated and received payment from government. There have more than 60 power plants at Laos, there have no problem with collection but potential have delay on payment but never default. The power plant can generate 60-75m USD PAT + 20m USD form other business which represent EPS 0.61 with 12xPE shares price should worth RM 7.30
Weekly downtrend been broken and higher high created. Now going back to 0.185-0.160 demand zone with second touch, can start monitor if engulfing pattern show can chaise or buy direct 0.185 as well support at this level. TP1 0.210 TP2 0.240
Daily downtrend broken with a push of bullish engulfing can created a higher high, as long the price no broken 0.365 still consider good.
Technical Call Downtrend broken, higher high been created, potential benefit from future stimulus package roll out, short trade SL at 0.725. For long-term trade can crate position at current level and average at 0.685 TP 0.920 SL 0.655
TECHNICAL CALL under delivery on previous result, share price was drop 20% and hold at demand zone, yesterday closing at engulfing pattern worth to take the risk. RRR:2
move up SL to 1.460 to lock in profit and clear position if trend line broken
Weekly still downtrend but daily downtrend broken and created new high, Price is at daily new demand zone and at lower bound Bollinger Band. Recommend buying and holding for a bit longer time, fundamental good (0.44 Price to Book and good branding) when property sector come back shares may run.
weekly downtrend broken, long bias can monitor and collect when price at 1.3-1.30 range, potential 2:1 RRR, riding on the solar theme and 2020 Feb LSS3 award.
shares price drop back to demand zone(2nd touch) and form bullish engulfing last trading day, potential technical rebound Trading buy and quit after first bearish candle, max first TP 1.350. if company keep getting new contract possible go back to 1.50 level
Daily downtrend form and waiting breakout as entry conformation, if break the trend line can consider chase for 15-20% return. as next year full year off take will be 10 (1,2,3,4) for respective quarter.