By Xmas Eve, Pohuat confirm breakoutThe stock has been having a downtrend for 1 month. Today it confirmed the breakout by crossing significantly above its 20 day ema.
On 23/12/2020 it announced a stunning QR report, with profit and revenue remaining in black.
Even with slight decline in revenue, profit increased slightly. The company announced 9 sen dividend with ex date not yet announced.
I target to swing for medium term, estimate 1 month with TP of higher than 2.04, to continue uptrend. Currently this presents slightly higher than 20% upside.
Today also is exdate for 2 sen dividend
