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Friday, 19 May 2017

GLOTEC (KLSE: 5220): 19 May 2017, Friday, 9.03am Singapore Time

GLOTEC (KLSE: 5220): 
19 May 2017, Friday, 9.03am Singapore Time

Attached above is the technicals for GLOTEC, a stock that is listed in the Malaysia KLSE (KLSE: 5220).  The 3 benchmarked volumes are indicated on chart. The latest benchmark volume resulted in higher price-action range than the previous benchmark volume suggesting something is brewing. The volume flow remains very healthy, and overall volume flow indicates smart monies are in. Rounding bottom is expected and upside of +100% can be expected as first target. Second target is 0.144 representing +130% profits, +230% in returns.

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