Tek Seng Holdings is moving higher, touching the RM1.19 resistance level. With the RSI indicator pointing upwards, coupled with a higher low candlestick pattern, we think that the bullish momentum is still intact and will continue to travel towards the short-term target price of RM1.33 followed by RM1.47.
Trading Call: Buy on breakout RM1.19 Target: RM1.33, RM1.47
Other company just jump in the face mask banwagon... Tek Seng is ALREADY producing materials for face mask and is increasing production capacity. The company will benefit from "First Mover Advantage"
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....
chickmonk
991 posts
Posted by chickmonk > 2020-08-06 11:34 | Report Abuse
US & Euro will buy face mask from other countries instead of China. you can imagine how big is the market.