Monday 18 February 2019

Green Packet Bhd (KLSE : 0082) - Someone Ahead of Market ? (Part 2)

In the previous posting, we shared some interesting events on this counter. 
Today, we shall look at the progress.

After 2 Feb publication by The Star titled "Green Packet 2.0: Digital transformation taking shape", the share price had moved upward. 

On 9 Feb another article been published by The Star titled "Stocks in focus", click here for more details. 

The following trading day, 11 Feb the share price gap up on market opening. Thereafter, the share price started to lose momentum and slowly pullback until today (lunch break-time).
 
Daily chart. (Based on 18 Feb 2019 break-time closing price)

Is the price rebound going to happen in near future with the current pullback ?


Source :
1) Metastock

Note :
1) "Power Within Metastock"

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