HAI-O ENTERPRISE BERHAD
Observation From Chart:
HAIO consolidate at RM2.20 support level.
How long will it consolidate?
Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K SELL call itinerary.
Immediate resistance @ RM2.29 level.
Subsequent resistance @ RM2.40 level.
Immediate support @ RM2,20 level.
Subsequent support @ RM2.12 level.
HAI-O dividend policy: minimum dividend payout policy of 50% of net profit.
Upcoming dividend 9sen, which ex-date on 7 Nov 2019
Let's watch closely.
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