TIMECOM Waiting opportunity on 4.5 Reason for Buy this stock
Stock can sustainable provide 7% + dividend per annual
Waiting the Opportunity to buy at $ 4.5 as per technical analysis
Continues growth on profit since 2017 and cooperate with Malaysia government for 5G internet project.
Long Term ( 3 years ) holding stock only and TP on $ 7
7 % dividend per annual * 3 years = 21 %
55 % of capital gain + 21 % = 76 %
76 % / 3 years = 25.33 % per annual
Waiting Opportunity for Buy
Record holding
0 Stock hold as of now.
TIMECOM trade ideas
TIMECOM awaiting breakout to the upsideMYX:TIMECOM awaiting a breakout of RM5.70 to the upside. Initial targets being RM5.95 with stops below RM5.58.
These are my views and analysis and is only used for educational purposes. I am not a financial advisor.
Nothing in the information posted here is intended to be or should be interpreted as trading advice.
TIMECOM Double Bottom + VCPTIMECOM weekly chart observed below setup:
Left side: Double bottom (C1: -16%)
Right side: Higher low (C2: -9%; C3: -6%)
Can add into monitoring list. Wait to breakout C1 with good volume.
Disclaimer:
Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.