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HAIO (7668) - Technical and Fundamental Analysis
May 12, 2019 | HONG WEI GIET
Technical Analysis
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- HAIO shares price achieved at RM5.350 on Dec 12, 2019, and is unable to overcome it since the record high up to now.
- It broke neckline line at RM4.40 on July 6, 2018, with high volume and entered a consolidation phase for 8 months period.
- HAIO shares price continued downward trend until year end of 2018 with bounce back on Dec 26, 2018. A great investment statement: Never ever try to hold a falling knife.
- HAIO shares price entered descending triangle and tried to break-out on May 2, 2019, but it is seen as a fail
