I still think 39.5 sen is the price we need to break....everyone is cautious as this is the price we kena twice "beaten"...we hope to break it in the 3rd attempt...
victor sifu... as i said this week naik lor.... last week friday wont be so effective naik mar... due to profit taking... u can see my comment there.... but i got Q buy at 0.345 - 0.355 still cannot get only....
39.5 sen is the resistant many will take profit. We did encounter this last 2 times and we are near this point again. Just be careful as those stuck at 39.5 sen will sell to take profit. I expect some profit taking and retreat back to 36.5 sen before resuming the uptrend.
39.5 sen is the psychological barrier. No one wants to be trapped at the highest. So when it touched 39.5 sen, it triggered the profit taking as the Target price is 39.5 sen for this short rally. So only after profit taking is completed can the uptrend resume.So be patient....suggest to wait at 36.5 - 37 sen.
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....
Voon Choon Foo
131 posts
Posted by Voon Choon Foo > 2015-04-04 18:39 | Report Abuse
waiting to break new high.. hold tight