Once 1.65 resistance cleared, next resistance at 1.90...the 1.65 resistance is so easily broken. Noted the selling volume so little and is not even overbought strength indicator. This stock will go up till 1.80 at least.
Among the critical medical devices are disposable bronchoscopes, which are used in the first line of lung treatment for patients with suspected or confirmed COVID-19 infections, and the critical care monitoring cable that is presently being used for COVID-19 patients in the Intensive Care Unit.
SMP has seen a surge in demand for cables used in the manufacturing of medical devices that are critical to treat affected patients. With a stronger business volume from existing and new clients, we are confident that SMP will help the Group sail out of troubled waters. In addition, with several new products in the pipeline for 2020, this will provide further boost to the Group’s financial performance. Overall, we expect SMP’s revenue to increase by 30% to 40% in FY2020.
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....
Toplove888
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Posted by Toplove888 > 2020-07-27 16:11 | Report Abuse
Momentum still strong later rm1.6 will eat up finish...