oneplus12

The Rebound of Construction Index show weakness

Short
MYX:CONSTRUCTN   Bursa Malaysia Construction Index
We have recommend that Construction stock is the strongest among all on 28th May and show rebound signal.
It's a successful trading result for us again as it has rebound from 191.81 since we called it to highest of 215.13
But today we saw weakness as it failed to break new high and form a evening star chart pattern.
In overall the index has rebound for approximately 7% within 3 weeks as per current price of 210.32

Below are the results of the counters we named it 3 weeks ago :-
Gamuda (+4.9%)
Suncon (+1.5%)
Ekovest (+13.7%)
Wct (16.5%)
Econbhd (+11.7%)
Gbgaqrs (+5.4%)
Gkent (+4.6%)
Gadang (+5.5%)
Vizione (-2.5%)
Jaks (0%)

Solely for education purpose without any buy or sell recommendation.
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