Richkierich

SIMEPROP awaiting breakout to the upside

Long
Richkierich Updated   
MYX:SIMEPROP   SIME DARBY PROPERTY BERHAD
SIMEPROP has seen some very sideways ranging action in recent weeks.

Targeting an initial area of RM0.78 IF prices are able to break above the current RM0.665 resistance area.

These are just my views and in no way represent any buy/sell call or recommendation. Information shared are meant for educational purposes.
Comment:
We are nearing our 0.78 target. Congrats if you have held.
Trade closed: target reached:
Target has been reached. Congratulations and well done if you have caught this.

Prices have been badly beaten down after hitting the target area.

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