Heitech Padu
HEITECH Padu Bhd appears to be retracing its losses as reached the end of a correction phase that took place over the last three weeks.
The stock had surged nearly 120% to a high of RM1.16 between Jan 15 and 22 before a correction ensured, which saw the share price withdraw to 76 sen this past Thursday. The stock subsequently rebounded, gaining further momentum on Monday.
While the price chart had indicated a bearish outlook since October 2017, the recent improvement in share price has a dramatic return of investor sentiment.
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