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4.0 followed by 4.55 are the next resistances. 3.48 will be a strong support level. After a long period of consolidation and profit taking especially by those who bought it a year ago, the stock will now trend higher and higher supported by its current strong fundamentals and very cheap valuations. It wasn't even priced in the future unlike Sunway or Suncon where the latter are overvalued in comparison.
Likely to trap shortists. All the negatives and deep correction and profit taking already priced-in. The chart is now forming the second uptrend wave which is also supported by its cheap valuations compared to other index link stocks like Sunway.
Tax fraud is also a form of corruption and the current SST is enabling it in a big way in Malaysia. We can also change the government to bring back GST and need not wait for the minimum 3k threshold, which is the stupid excuse given by this government to help the tax fraudsters.
