HAI-O ENTERPRISE BERHAD
Observation From Chart:
HAIO forming low high & lower low.
How low will it go?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K trigger SELL, pending confirmation.
Immediate resistance @ RM2.10 level.
Subsequent resistance @ RM2.20 level.
Immediate support @ RM2.00 level.
Subsequent support @ RM1.96 level.
HAI-O dividend policy: minimum dividend payout policy of 50% of net profit.
Upcoming dividend 3sen, however as to date pending announce the details of entitlement and payment dates.
Let's watch closely.
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