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Some personal opinion based solely on technical analysis:
A technical analyst like myself will enter at price around 48.5sen where support are seen based on historical data.
I am sharing this as I am not doing this counter. Once opinion is shared out, chances are operators might consider the crowd waiting at this price and either:
1. do it further down below 48.5sen to wash out those who are eyeing for quick profit.
2. do it at 49.0sen to let the public regret for not queuing 0.5sen higher.
So it did visit 0.485 and bounce back up! Good keep for now with political issues delayed to September, can aim for some quick small profit here in short term for those who entered.
So it did rebounded to RM0.535 high! Although I didn't enter as it doesn't fulfilled my entry criteria, but good sum for those who did. Close to a 10% gain easily from here.