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Compare last year same period technical chart,same pattern happened again. Believe it or not. It toward RM3.00 and move to 3.1 or 3.2. Afterward,u turn balik lagi.
share price keep drop due to additional listing share convert from warrants? hold more than 1 year, above rm3++ also no sell, hard for long term tis stock
From last 2 years record, strong support should around 2.40 to 2.60 and resistant at 3.10. I am average down this stock at RM2.63, mostly I sold at 3.1-3.2 and buy back at 2.5xx to 2.6xx during this two years.
As I know, Company's warrant will not impact on share price, investment bank 's CZ call warrant maybe a bit affect but depend on available balanceat open market.