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PARKSON - accumulating in ascending triangle
P
PARKSON HOLDINGS BHD
Long
PARKSON - accumulating in ascending triangle
By sothye
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Dec 8, 2020
2
Dec 8, 2020
Preparing to breakout from ascending triangle pattern. Safe entry is to wait for breakout @ 0.175
EP 0.175
TP 0.205 (+17%), 0.260 (+48%)
SL 0.145 (-17%)
Speed: Fast with only 327M shares float (30% of 1.09B shares)
Sentiment: Economic recovery theme
Seems price will back to its pre-covid time - good for long term.
TAYOR
parkson
Triangle
sothye
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