Naked Chart Trading: ITMAX 5 Jun 2024
$ITMAX(5309.MY$ 65% owned subsidiary, Southmax Sdn Bhd, has been appointed by the Iskandar Puteri City Council to oversee the operation of smart parking services for 32,025 on-street parking bays over a 15-year term starting from June 1, 2024, to May 31, 2039.
As a result, ITMAX breaks another record high today, trading above RM2.44 previous high now. Overall trend remains bullish, close above RM2.50 to trigger more upside.
Based on Fibo extension, next resistance levels located at 123.6% RM2.60, 138.2% RM2.70, 150% RM2.80, 161.8% RM2.90 and 200% RM3.15. Support levels on the other hand, are RM2.40, RM2.20 and 61.8% RM2.10.
Disclaimer
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Trading is a mirror that reflects everything about myself
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