msar159

By Xmas Eve, Pohuat confirm breakout

MYX:POHUAT   POH HUAT RESOURCES HOLDINGS
The stock has been having a downtrend for 1 month. Today it confirmed the breakout by crossing significantly above its 20 day ema.

On 23/12/2020 it announced a stunning QR report, with profit and revenue remaining in black.

Even with slight decline in revenue, profit increased slightly. The company announced 9 sen dividend with ex date not yet announced.

I target to swing for medium term, estimate 1 month with TP of higher than 2.04, to continue uptrend. Currently this presents slightly higher than 20% upside.

Today also is exdate for 2 sen dividend
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