There were not many opportunities last week for the Malaysia Stock Exchange. There was a 4 timeframe buy opportunity on a stock 3247-KLS, GUH Holdings BHD. It was a penny stock.
Below is the chart setup. We are going to choose a conservative stop of 1.26. An aggressive stop would be 1.28. The entry is 1.30 with a Preserve mode of 1.35. The min. reward would be 0.05 with a initial risk of 0.04. This is a little over min. 100% profit with a conservative stop.
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