HB GLOBAL LTD
BREAKOUT INCOMING ?
(HBGLOB - Stock Code 5187, Consumer Products & Services, Main Market)
HBGLOB posibility of momentum Breakout at 0.215 with Bullish Momentum coming that was traded last trading day at 0.210.
HBGLOB 52-week range : 0.03 - 0.22
1) HBGLOB TECHNICAL ANALYSIS
refer below the price and volume charts
The chart show the price Breakout Price at 0.215. With high volume of of two trading days.
2) PRICE UNDER NTA WITH HIGH VOLUME
HBGLOB traded with high volume at dicount price of its NTA of 0.420.
CONCLUSION:
Considering all the above, I believe that HBGLOB is attractive for BREAKOUT OPPORTUNITY due to reasons below:
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Price near Beakout Price with High Volume follows
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Price under NTA with High Volume
LET’S SEE HOW THE SHARE PRICE MOVEMENT IN THE NEXT TRADING DAY WITH EXPECTED OF BULLISH MOMENTUM.
Disclaimer: The above opinion is never intended to be a BUY CALL whatsoever. I am sharing my observations ONLY based on fundamental; past history; current trading pattern; charts etc. Please make your own informed decision before buying this share or whatever share for that matter.
BURSAMASTER
https://klse.i3investor.com/blogs/Bursa_Master/2020-09-20-story-h1514211889-WILL_THE_POSITIVE_MOMENTUM_CARRY_IT_TO_HIGHER_GROUND.jsp
