why i said this want is uptrend level ?as u see on this chart level 2 is higher than level,while they break the level 2 ,it will become to level 3.Once break out the level 3, it will going to Level 4. Based on this chart, it still haven show the bearish signal .Next time, when u see the KLCI still in uptrend level or ur stock still in uptrend, pls dont sell it too fast or else u will regret sold it at the lower price and gain little profit..The most important point u can see the histrogram and volume increase on last friday( 290509). Bear in mind, this share highly potential to keep it unless there have bad news announced.
For me, i will keep it cos it will related crude oil price. Once the oil price increase, it will affect the oil and gas stock increase.
So. on monday it will jump up few cents as Dow Jones increase 90points, and the support line is RM 1 .If it break it, it will go to 1.3.
So the question is if the share price does not break out the RM1, what should i need to do?
it will go back to 0.895 testing level and then try to rebound and break out RM 1,
Once break RM 1 and it will countinue go to another level
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