Observation From Chart:
HAIO forming higher high & higher low.
Seem like it's forming uptrend ascending triangle pattern?
Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM2.60 level.
Subsequent resistance @ RM2.65 level.
Immediate support @ MA20 / MA50 level.
Subsequent support @ MA100 level.
HAIO keep on perform Share Buy Back, till today Cumulative net outstanding treasury shares as at to-date is 3.22% of outstanding shares of the listed issuer. Based on pass history, HAIO do distribute treasury shares as bonus issue. How about this round?
Pass history on HAIO dividend.
http://www.hai-o.com.my/dividend.php
Let's watch closely.
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