HLT-WA Pullback continue to rise
https://www.thestar.com.my/business/business-news/2020/06/22/hlt-global-reports-lower-sales-weak-profit-margin-in-q1
Just before pullback the price break below the penant previous active trendline (light blue) and now had shifted downwards to that dark blue trendline and is expected to be traded along that trendline. The main support still intact at 0.365 shown by the pink line.
The drop in price today is generally due to overall bearish KLCI -14 points as DJIA futures drop to -1%,however the drop of HLT is actually more significant ,contributed by yesterday Q1 report which many considered as not so good esp the mainstream news, however we believe it is much better than Careplus or Adventa with EPS 0.51 and better profit at lower revenue. So by right HLT main stock should be priced close to what Careplus price is ie at least rm1.
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.