UMW Price Up With Vol

UMW 1Q finacial result out this morning had help the share move up, base on the chart I think it is a bullish news. UMW price up with vol so the demand is there. UMW-CD also jump from RM0.115 to RM0.14 in 2 trading days.

However due to the market situation, I think the up momentum is limited.

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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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