I agree with Mr Koon,the prominent investor.Sometimes the investment banker say is down it's up and vise versa.Please I'm no pump and dump.U all should know.I may put support level rm 1.30.Resistant it need to be above rm 1.40-rm 1.43(It need to be breach in 30 million volume or more) to continue upward.Worse case scenario rm 1.85-rm 1.95 and best case scenario rm 2.15-rm 2.40.Based on number of shares of 964 million.
That certain bloggers on investment website say Mr koon is conman.But my support of rm 1.30 never be broken yesterday and today.Lowest rm 1.32.I nearly want to sell my rm 20k shares wednesday april 2019 nearer at 5.00 pm at 1.34.Its blocked.So Its fate for me to be with Dayang shares.I the investment blogger with near to 80 percent accuracy;the 2 target price will be the same.
Hey! Today, R-Table will be covering Dayang Enterprise Holdings Berhad by presenting 10 years financial results in a short, fun & interesting way. Click the link below to watch the video.
Link: https://youtu.be/4a4sEDlmbI4 #YAPSS #RTable #DayangEnterpriseHoldingsBerhad #MakeInvestingFun
Look like this is it for Dayang.If after Raya its should be seller drying out.Dear,it's shock many investor.But the chart pattern show Symetrical triangle signal and breakout around rm 1.30-rm 1.35.But I do maintain my first target as realistic target(rm 1.85-rm 1.95).I also say that it would take 3-6 month to climb back to maybe above rm 1.20 depend on how strong the profit.
June 9, 2019 | HONG WEI GIET
Technical Analysis
===============
- DAYANG shares price completed triple top (Reversal Pattern) on May 5-2019 with bearish bar chart. (Reference 1)
- It continued the downward trend and closed two (2) previous gap up on Feb 22-2019 and May 1-2019 respectively.
- After significant drop in DAYANG shares price, it stopped the downward trend at RM0.88
- Oil Rises Over 2%; Saudis Talk up Cuts Amid Fed Easing Hopes
- With RSI and MACD
More: https://www.fundamental-technical-analysis.com/
Why I write Dayang on 29 Mei at 12.32am not to show acting but pity the investor who bought at Above rm 1.30 not to sell any of the shares anymore.Such a good stock which investor cannot tolerate volatility and fear of further downturn.I also talk of seller drying out on after Raya which come true.A very less seller these past 2 days( where 20 over millions volume can up this shares more than 5 cents).Please the upturn not yet finish yet.Dayang is on the services side not on pure oil and gas side.Please do not be confuse.
I'm right it reach my target on 29 May posting.Below is the article for Dayang potential and the story of .....
"O&G decommissioning works in big demand"
://www.thestar.com.my/business/business-news/2019/07/03/og-decommissioning-works-in-big-demand/
I'm right on 29 of Mei 2019 blog.
Its also reach my second target written on 8 April 2019'TP rm 2.15-rm 2.40 on 16/10/2019.
Buy Dayang 1.15-1.16.Target price above rm 1.80.Based on number of shares 1.06 billion.
why dayang late release QR report?