How Should Investors Trade THIS Stock?

Support: 2.5 sen, 2.0 sen

Resistance: 3.0 sen, 4.5 sen

TWL Holdings, a fundamentally strong property developer listed on Bursa Malaysia has always been on my watchlist. But due to the high share base of the company, a lot of investors are somewhat reluctant to invest in the company. Based on our observations, it is quite easy to profit in this company. Investors can put in a long term GTD order at 2.5 sen and 2.0 sen, the key support of the company, and take profit on 3.0 sen and 4.5 resistance respectively.

Year-to-date, TWL Holdings’ share price has been fairly consistent with this arbitrage opportunity. Now, with TWL Holdings price settling down, this is definitely a good trading opportunity.