Stocks on Radar - REDtone International (0032) Author: AmInvest | Publish date: Tue, 27 Aug 2019, 8:51 AM
REDtone International may soon test the RM0.395 resistance level. With a healthy RSI level, a bullish bias may be present above this mark with a target price of RM0.44 followed by RM0.48. Meanwhile, it may continue moving sideways if it fails to cross the RM0.395 mark in the near term. In this case, the immediate support is anticipated at RM0.355, whereby traders may exit on a breach to avoid the risk of a further correction.
@slts, qtr to qtr drop due to this qtr report only 2 months instead of 3 months... Compared with last few decade qtr , tis time is historical highest...
Yes, strong support is at 0.385 to 0.400 range. Profit taking basically due to long weekend and uncertainties looming over the trade war is normal (understandable) and should be over and continue to climb tomorrow
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....
thinkfirst
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Posted by thinkfirst > 2019-08-28 15:51 | Report Abuse
just warm up not fly yet.