janko5

CHINWEL (Leader)

Long
janko5 Updated   
MYX:CHINWEL   CHIN WELL HOLDINGS BHD
Nice cup and handle.
Pros:
-Volume & RS!!!!
-Good fundamental
-Above RBS
-Possible new ATH
-Price contraction building handle

Cons:
-Market very volatile but possible not so long downward
-High volume down days
-Analyst target RM2.00

Conclusion:
Pilot buy/watch. Not too aggressive. Textbook CnH
Comment:
Heavy volume down days.
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