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Jjlim, no one can gives u a correct answer, it all decided by ur holding power, as per chart 2.5 is quite ok but who know whether can reach onot, if its so easy thr will be many W.B., GOOD LUCK
Everything is possible. Not necessarily retrace down due to overbought RSI. If there's demand, always can up. But RSI can be retrace too. See how tomorrow. But the chart showed uptrend with big vol. Standby ur TP or CL if necessary.
Karlos: The controlling shareholder, Tan Family has already owned more than 60 % of the shares but they are still collecting it. Tanco had been trading for long time at the price of around 5 sen only but the price and volume suddenly from jump up around May 21 this year and continue to be traded actively till now.
As I already mentioned earlier, Tanco owns lands at very strategic locations in KL, PD and Kuantan and these are currently being developed. Why sudden jump in price and volume of Tanco being traded till now? Why the Tan Family still collecting the share although they have more than enough for controlling purpose? Why there are still buyers collecting even at this price level? Probably some of you can guess what can likely to happen going forward.
13/08/2021 12:44 PM