DPIH has been in long accumulation and shakeout done before start the uptrend in the month of Aug last year. it formed a healthy spring on the 15 Dec and 11 Jan this year. This is a good sign of strength.
It has reported consecutively 2 quarters of profit and had just completed issue dividend on the 20 Jan.
For the chart pattern
a. Background is green,...
While most of construction stocks has been battered badly from the uncertainty in job market and start to recover from the stimulus package, GDB has been one of the outperformed developer cum construction company after October 2020; steadily increase in price and now continuation the uptrend after the short rest past 3 weeks. Formed a V shape recovery soon after...
a Logistic theme is going to breakout soon. Why is it so?
1. Ascending triangle. Lower high and higher low. Tested 3 times support and resistance trendline
2. Complete pullback with wide spread down back with rejection wick with low volume. In other words, it is small hammer formed. This mean No smart money is selling but inverse true; collecting while retailer...
