Friday, 15 June 2018
Funds Flow of Guan Chong Berhad (GCB) (KLSE: 5102): 15 June 2018, Friday, 10.42am Singapore Time
Funds Flow of Guan Chong Berhad (GCB) (KLSE: 5102):
15 June 2018, Friday, 10.42am Singapore Time
(Click on FFA Chart above to Expand)
Attached is the Very Long Term Funds Flow of Guan Chong Bhd (GCB) that is listed in the KLSE (KLSE: 5210). The first influx in funds inflow came during the US subprime crisis at around $0.30 region. Amazingly, the funds inflow never was affected by US subprime crisis of 2007/2008. More inflow came and the stock rose around 6.667x (667%) soon after. During the commodity weakness which I had forewarned to come in 2013 and to end in 2H-2015, GCB price actions did per my forewarnings, but without reduction in funds flow. In 1Q-2016, I forewarned commodity bear market to formally end (refer to past track records). GCB's price action continued to rise with even more funds flow inflow. Recent backtest of LT resistance-tuned-support at $1.625 has been successful under strong funds flow. This means GCB will break up $2.25 for infinite historical highs never ever seen before. It remains my top 8 buys for KLSE.