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POS - towards new horizon?
POS MALAYSIA BHD
Long
POS - towards new horizon?
By sothye
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Dec 8, 2020
0
Dec 8, 2020
Preparing to breakout cup and holder pattern with possible of +39% from neckline. This is the range during pre-covid times.
EP 1.15
TP 1.22 (+6%), 1.28 (+12%), 1.38 (+20%), 1.45 (+26% Cup depth)
SL 0.145 (-6%)
Speed: Fast with only 207M shares float (26% of 782M shares)
Sentiment: Economic recovery theme
Transportation is cyclical sector and its back in trend due to recovery hope.
TAYOR
Cup And Handle
POS
sothye
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