As expected, it is on the rise after being stuck in the doldrums. Pay attention to its move in the coming days. Should breach the 0.79 mark before end of the month given the buyers in control situation.
This stock is going back to reclaim its Dec 7, 2022, high of 80.5. Charts are positive, price way above the cloud with strong buyer support. Anticipation of profitability of flour prices in near future, it should chart new high in next two weeks.
Finally broke the 0.80 mark with good buyup. Bullish trend resumes with strong buy support. Price is out of the clouds and poised for advancement. Hold on to your horses and ride the trend
Good show today, likely settle at 0.875. All resistance broken, back to the Golden Mean of its Fibo. Tomorrow will be interesting should it smash through 0.90. Then the bulls will be back. Buyers are still in good control.
Unlikely to recover much. Malaysia's dependence on imported wheat and controlled flour pricing means local prices are influenced more by currency exchange rates and freight costs than global wheat trends. Today 1USD is equal to RM4.41. Go figure
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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....
hhhiii123
823 posts
Posted by hhhiii123 > 2024-05-08 22:20 | Report Abuse
time to topup, hehe