RANHILL trade ideas
LOOKING FOR DISCOUNTED PRICE.Notes:
1.)Break below the trend line.
2.)Break below support line.
3.) Price at 0.68 fibo retracement area.
Assumption:
1.)Price may continue to shoot up after a pullback.
2.)Price may consolidate before going up.
3.)Price may going down for a downtrend.
As global supply for water plummeting and the demand for water skyrocketing,I'm looking forward to find opportunity to go long for stocks that related to water supplies.
www.unesco.org
Disclaimer: Everything are just based on my research,my opinions and for education purposed only.
Who have the best setup? Inari, CCK, CCM or Ranhill4 Stock Review based on Volume Spread Analysis.
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Potential Low Risk Stock Trade Idea – RanHill (5272.KL)Smart Money is flushing out the weak-hand holders out of RanHill again. Notice the bar on 24 Occtober, the price broke below support at RM0.985 and subsequently close above the support level on 29 October.
Based on the daily chart, Smart Money still interested to support and push the price above resistance level despite bearish market for last 3 weeks in KLCI. Smart Money is ready to re-test the resistance level at RM1.06 by pushes above the UT (sign of weakness) bar.
