ESCERAM (0100)
Current trading price at RM 0.190
Updated status for this counter as i think there is high upside potential.
I assume the previous high is wave 1, and current bottom as wave 2, so here we expecting the impulsive wave 3.
If wave 3 happened, there should be a strong event to trigger it, might be the superb financial results or corporate activity news.
Anyway, the previous idea posted on 22/05/2018, I still stand the same view as this is a bottom for this counter. Cut loss level quite far as we talking about 7X of investment return in future, and it does survive from current worst market situation. So I do expecting it will perform well from this level.
Lets go!
Target - RM 0.645, RM 1.00 and RM 1.55
Cut loss - RM 0.10
Disclaimer: Analysis or results above are solely based on personal opinions. Trade at your own risk.
Updated status for this counter as i think there is high upside potential.
I assume the previous high is wave 1, and current bottom as wave 2, so here we expecting the impulsive wave 3.
If wave 3 happened, there should be a strong event to trigger it, might be the superb financial results or corporate activity news.
Anyway, the previous idea posted on 22/05/2018, I still stand the same view as this is a bottom for this counter. Cut loss level quite far as we talking about 7X of investment return in future, and it does survive from current worst market situation. So I do expecting it will perform well from this level.
Lets go!
Target - RM 0.645, RM 1.00 and RM 1.55
Cut loss - RM 0.10
Disclaimer: Analysis or results above are solely based on personal opinions. Trade at your own risk.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.