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Writer's pictureHONG WEI GIET

TAMBUN (5191) - follow up on technical analysis only


https://www.tradingview.com/x/vNWtDXUS

Note

  1. After Ex-date on 24/07/2017, TAMBUN dropped near to 13.38%.

  2. 13.38% is the range of trend-line (range of upper line and lower line)

  3. Based on technical analysis, price tend to bounce on the said point.

  4. With MACD, RSI and Ex-date theory, TAMBUN wont further drop anymore.

  5. Buy in near to RM 1.20

  6. Cut Lost at RM 1.17

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