HARVEST - THE GAP UP

Hi All,

SC have lifted up designated law on Harvest.  By doing that, Harvest jump high at +22 sen  on the opening and reached limit up +32 sen by 9.07 am at 1.40.  Remember that u have seen 5 consecutive gaps on Harvest last time.  This time, may be the same thing will happen again.  There is a way on how to trade a gap counter.  So, let see the chart.

From the last trade, i draw a projection arrow to the highest point, then copy the same length of arrow, transfer it to the next lowest support, then the projection price should be 2.78.  Interesting? Yes.

Let see the chart this morning.

Gap up from 1.09 to 1.28 (both blue line).  Now the price sitting on 1.40.  Next target should be 1.67 (white line) before closing the last gap 1.82.  If SC doesn't not intervene this time, i believe last high 2.14 should be taken very easy and the next high projected to 2.78. 

News

http://www.theedgemalaysia.com/business-news/199003-harvest-court-active-up-on-resuming-trade-after-8-week-hiatus.html

So, pls trade carefully and do your own homework. 

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Happy Trading!!!