Contruction
A penny stock with very steady Uptrend TA, above monthly 90!
A very steady TA for this stock, seem like a second wave is comming . ( Price is above monthly 90 and macd is crossing up again)
This company mainly business in china and malaysia , Processing of high quality marble and granite for supply and installation to the Malaysian markets and Property development of high end residences. Seem like beside tech stock in malaysia is booming , comming trend will be construction field.
Lets see is a fake trend or real trend for this counter
WY is 17% from all time high- Green new deal means more buildingWY is 17% from all time high.
Once we break through that we go to price discovery mode which means we go higher.
My fried who works at a lumber yard says they have had a record year of lumber sales with more slated for this year.
The green New Deal we will be using wood more this year than last to fix infrastructure.
I see earnings rolling in and people will be happy.
That should push it up to the all time high and beyond.
I am not buying this- I already bough it in October.
This is not investment advice just market speculation.
