Since IPO, UWC keep suprise the trader with the changing of the price momentum.
Technology company in every of the stocks is seem to be very cheap when it is still below than the fair value.
During MCO, the economy is ready to reset and the business causality operation back to the normal but this time around it comes with the 'New Normal'.
Hence, the demand for the technology to meet the new normal works keep increase for this counter as they are producing microchip for the processing on the customer.
Recently new on UWC;
'UWC aims to move upstream to capitalise on automation and Artificial Intelligence'
This will be implement in their daily operation.
Technical,
TP1 = RM2.71
Momentum of the price is high volatility (Changes of 20sen per day)
Indicator MCDX, showing a consistent banker chip in with RSI showing an technical rebound with a good news.....Goodluck !
(This is not a buying call, regards)
Technology company in every of the stocks is seem to be very cheap when it is still below than the fair value.
During MCO, the economy is ready to reset and the business causality operation back to the normal but this time around it comes with the 'New Normal'.
Hence, the demand for the technology to meet the new normal works keep increase for this counter as they are producing microchip for the processing on the customer.
Recently new on UWC;
'UWC aims to move upstream to capitalise on automation and Artificial Intelligence'
This will be implement in their daily operation.
Technical,
TP1 = RM2.71
Momentum of the price is high volatility (Changes of 20sen per day)
Indicator MCDX, showing a consistent banker chip in with RSI showing an technical rebound with a good news.....Goodluck !
(This is not a buying call, regards)
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Since my chart is in 15m, you guys can zoom out for the daily charts. Im focusing the stock to hold for a momentum...Thanks !