AXIATA Is Moving Back To Above RM3.00

After axiata hits low at RM2.90 the share had keep on below RM3.00 for a flew day and base on RSI 14 days it below 30% it mean oversold. Now the share bound up again but if you invest in mother share will less profit. I had brought Axiata-CC during the price at RM0.135 where the mother share is at around RM2.95, so yesterday Axiata-CC close at RM0.155 with 14.81% of profit.

Now I think warrant is a tool that can maximum the profit in short term with a small increasing in mother share as long as the market still moving up I think invest in warrant is vary mach profitable.

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Investment Idea

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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