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Sunday, 17 May 2020

Is the Party Over ?


Several counters caught our attention this weekend. 

However, we shall present 2 of them here - Nova Wellness Group Bhd (KLSE : 0201) and
BioAlpha Holdings Bhd (KLSE : 0179).

Take a look at the charts below.


Notice the candlestick and the volume transacted on 13 May - a coincident event. We came across few more counters with similar setup but occurred on different dates.

Sign of weakness ?


Source :
1) Metastock