Filter 3 combines the conditions of both Filter 1 and Filter 2. It requires that both Filter 1 and Filter 2 generate signals simultaneously. When this happens, it indicates a strong breakout signal with price and volume confirming the upward momentum. TAYOR
The start of 2011 is the start of operation of using multifold gains up and -50% price shedding for an up-down-up-down momentum to shake out the market. This is a very common operation for penny stocks because of its floating volume in the market, gain/loss as a percentage and the psychology involved. In most cases, penny stocks are often the last to run in a bull...
Currently trading at RM 0.060. Now we are at a good support level. Price may go down to RM 0.045 as a bottom price. High upside potential with limited downside. RM 0.270 is a strong resistance.
Target - RM 0.100, RM 0.150, RM 0.200 and RM 0.270
Cut loss - RM 0.040
Disclaimer: This is not a recommendation to buy or sell. Analysis or results above are solely...
