FB(2.618)-0.385 reached. Short term retracement is possible & believe this to be a swallow retrace to regain the uptrend momentum. As it is around 0.35-.355, it is another chance to accumulate more.
Last year when the highway was 30%completed WCE share price was 28sen and today the highway more than 70% completed the share price should be at least above 50 sen and conservatively by June 2021 it should reach 80 sen when 80% of the highway will be collecting toll charges.Later WCE will be like a money printing machine and just only need to maintain and servicing the highway.
the breakout of the diamond formed between 15-24/Dec has confirmed the resumption of the uptrend. Near term target 0.435 has achieved. There maybe some minor retracement around 0.405 before next target 0.485-.490
Choivo Capital - Thank you for the brief update. Likely seeing volatile moment in the short term due to uncertainties. Hope for the best in coming period.
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....
paperplane
21,644 posts
Posted by paperplane > 2020-12-07 22:49 | Report Abuse
choivo, this time, buy apa pun up, nothing to be so proud lah.....im paiseh also, suddenly earn so much