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Tuesday, April 28, 2020

CMT

Wah lau, crawling up very slowly!
Still waiting neck long long for $1.80 to come.


Let's see will it hAppen by end of the day!

Pls dyodd.

Chart wise, looks like a reversal play mode!


Short term wise, I think likely to move up to test $1.80 again!
Breaking out plus high volume that may likely retest $1.90 level.


Pls dyodd.

Looks like current price of $1.68 is getting interesting again!


Trading at P/B of 0.8.
NAV $2.10
Yield of 6.54% base on dividend of 11 cents, seem quite attractive!


Last Friday looks like closing with a hammer candlestick chart pattern and hopefully we can see a rebound from here!


A nice breakout of $1.84 coupled with high volume that may likely drive the price higher towards $1.90 then $2.00 .


Not a call to buy or sell.
Pls dyodd.




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