27 Dec 2017
SIME has made a remarkable reversal chalking a high of 2.31 ; but end the day at 2.20 for a hefty 0.10 gain on the back of substantially big volume of 35 mil shares traded.
Being a funds favorite counter: expect it to break its major resistance of 2.55 this week on continuous window dressing activities.
CAELY. ..also exhibited encouraging closing at 0.85 for a 0.025 gain. My initial TP of 1.00 & 1.20 seems to be on track on market talks of an imminent possible takeover.
GPACKET.... reversal of trend observed. Expected the positive momentum to carry it higher.
CONNECT. ...monitor closely for volume to set in. Possible trading opportunities.
Initial resistance 0.215. Once this level broken; expect next level of 0.24. Support at 0.18.
Monitor for breakout of 0.215.
Monitor closely for opportunities
The above opinion & observation is not a 'BUY CALL' but merely for sharing purposes. TRADE AT YOUR OWN RISK
http://klse.i3investor.com/blogs/Bursa_Master/142467.jsp
