
It is well supported at this level. However, overall trend is down. Put your stop below Rm 6.00.
As I sit in front of the market screen, I gazed and wondered what will happen next. Here are my thoughts and ideas for the Bursa Malaysia Stock Market.
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One of our graduate ask me to comment on Tenaga. Looking at weekly chart that goes all the way back to 2005, TNB is at the lowest point. Dividend yield maybe appealing now but the trend is definitely lower low. I wud wait for a series of test first before putting my hard earned money into TNB.