(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-8679583308408160", enable_page_level_ads: true });

Thursday, May 7, 2020

CMT

Looks like high chance it may retest $1.90 again!



Breaking out of $1.90 plus good volume that may likely drive the price higher towards $2.00 soon!


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.




No comments:

Post a Comment