KL Trader Investment Research Articles
Daily Trading Idea - UEMS – MYR1.16 TAKE PROFIT (TECHNICAL)
UEMSmade a major daily Wave 4 high of MYR1.44(27Feb2015) with grossly overbought and bearish signals. All of its negative signals above suggest a very strong daily downtrend. It is likely to break into lower territory, as it breached its key support areas in a very clear Wave 5 plunge.
TAKE PROFIT(TECHNICAL)on rallies for UEMSwith very weaksupports of MYR1.03and MYR1.11as well as cleardownsidetarget areas of MYR1.10, MYR0.86and MYR0.50
Source: Maybank Research - 22 May 2015
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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....
SUMATECRM1
what profit to take? LOL
2015-05-24 20:36