KL Trader Investment Research Articles
Daily Trading Idea - MASTEEL – MYR0.61 TAKE PROFIT (TECHNICAL)
MASTEELmade a major Wave 2highof MYR1.10(19Sept2014) with grossly overbought and bearish signals. All ofits negative chart signals above suggest an imminent downward decline. It is likely to break lower, as it breached its key supports in a bearish downward Wave 3 and Wave 5 move.
TAKE PROFIT (TECHNICAL)on rallies for MASTEEL, with weaker supportsand clear downward target areas of MYR0.58,and MYR0.39.
Source: Maybank Research - 6 May 2015
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ks55
Take profit? Still got profit to take?
Taukay... cut loss lah......................
2015-05-06 17:26