VIVOCOM: FORECAST
If you recall in my most likely scenario, I have forecasted the first peak to happen around 20 Nov with target price RM1.53, subsequently a retracement to RM1.41.
Today’s lowest price was RM1.41. This
confirmed that the market is essentially pricing in and bringing forward
my forecast by approximately 2 weeks.
In this case, we should see RM3.00 by the middle of December. So do enjoy the ride upwards guys.
Vivocom is in my view a long term and sustainable rally. So no contra or margins play please.
https://klse.i3investor.com/blogs/see/2020-11-13-story-h1536405098-VIVOCOM_FORECAST.jsp
https://klse.i3investor.com/blogs/see/2020-11-13-story-h1536405098-VIVOCOM_FORECAST.jsp
