Green Packet Bhd (KLSE : 0082) - Someone Ahead of Market ?

31 Jan 2019 saw some interesting transaction occurred before the market close for long weekend. After 4.42 pm, 2,613,600 shares were transacted which turned out to be 97.5% of total volume traded on that day. The share price closed at RM0.34.

It broke one of the S-Trader Trend Tracker resistance with remaining resistance level still intact at RM0.34362.

On weekend, 2 Feb 2019, The Star newspaper published an article titled "Green Packet 2.0: Digital transformation taking shape". 

Click here for more details. 

The following trading day, 4 Feb, the share price broke the last resistance level (S-Trader Trend Tracker) and the rally continued.

What do you think of it ?

Daily chart. (Based on 11 Feb 2019 break-time closing price)
 

Source :
1) Metastock

Note :
1) "Power Within Metastock"

2) If you wish to check your favourite stock using S-Trader tools, please feel free to drop us an email via Contact Us.