Thursday, March 16, 2017
Malakoff - 16 Mar 2017
Malakoff
From Chart 1 weekly chart can see there is short term fund flow in already.
Chart 2 daily chart show banker chips already go inside. lowest point around 1.12
Chart 3 weekly chart show banker chips come in, in this low point around 1.12 as well, show there is support from previous lowest point. if this lowest point not break thru means support is valid.
Chart 4 daily chart show there is multiple short term fund flow in during the drops, but it still not seem stop yet.
Conclusion
Overall the stock have drop majority even break the IPO price, and currently reach long term support point, if the support not break down, then side way, and start to up will be best buy point.
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