today down just a minor correction, soon will pass thru 60sen towards 70sen....Binacom set to get bulk of telco tower constructions from MAXIS, U MOBILE, EDOTCO and Prodata...
Technical Sell: BINACOM (0195) Author: PublicInvest Publish date: Tue, 18 Feb 2020, 9:03 AM Close
Target Price RM0.460 Last closing price RM0.520 Potential downside -11.5% Upside may be capped. BINACOM’s share price formed a bearish engulfing candlestick pattern yesterday, signifying possible halt in its prior uptrend. Weakening RSI and fast-paced MACD indicators currently signal an exit to sell into strength, anticipating performance in momentum and trend to remain weak in near term. Should support level of RM0.500 be broken, it may continue to drive price lower to subsequent support level of RM0.460.
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....
SDR245
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Posted by SDR245 > 2020-02-17 14:17 | Report Abuse
buy on weekness. keep til end 2nd q.