Potential Momentum Stock – ZELAN & ZELAN-WA
ZELAN is forming a bottom after long period of downtrend. Volume has been picking up lately at the bottom and the risk reward for this setup is good for traders.
ZELAN-WA volume is well absorbed after T4 and selling pressure is eased on today.
Both setup looks perfect for me that limited downside but great potential upside in future.
R1 : RM 0.20
R2 : RM 0.24
S1 : RM 0.13
R1 : RM 0.085
R2 : RM 0.10
S1 : RM 0.045
Any investment decisions carried out based on information, analysis, or commentary provided here is solely your responsibility. You should consult your investment advisor before making any investment decisions.
** If you are looking for an investment that can give you 100% return, please click here but terms and conditions apply. FREE MONEY from government!
Click Follow on Malaysia Traders Club if you wish to receive more quality article and recommendation of investment vehicle and please Share to your friend if you think you have benefited from this website/blog.
Fill up the details if you wish to be included in our premium sharing group.