IOICORP Broken RM5.40 Level After Forming Double Top

Double top is a bullish sign in chart analysis and this is what happen in IOICorp last few days. Share price had hits low at RM5.20 after forming double top and bounds up as high as RM5.60. However the rally momentum is limited by Asia regional market situation but if you buy IOICORP-CJ ( IOICorp warrant ) the up side is more that 15%. A vary good profit.

If you miss the boat of IOICorp short bounds up, we still can make money when the share price turn drop because IOICorp got one put warrant name IOICorp-HA. The way to make money is opposite of structure warrants.

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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