IPOWER has run into the side way zoom , but the uptrend still intact, base on the calculation of retracement value, its should be very strong support on RM1.08 to RM1.12 , worth to monitor by basing on the TPS system.
The cut loss point to be set at rm0.99 , pls execute the cut loss point if something wrong is happened in order to protect your capital.
(edited on 25/4/06 1230hrs , afternoon close at RM1.19)
Disclaimer: This blog is not to be construed as a recommendation to buy or sell any securities. All information and comments are provided for educational purposes only. I however do not hold myself responsible for its accuracy as well as your stock trading or investing decision
3 comments:
IPOWER is a good fundamental company . This counter at this moment not suitable for contra
Ipower for this few day will be run in between 1.1+ to 1.2+ , after its consolidate at this level, the uptrend crazy sign might appear . Try to entry at the lower price will be safer for you.
Try to enter at the lower price as possible or at the support level , set your risk at 8% cut loss point
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