ITMAX Stock Forum

post-breakout after multi-weeks absorption. now, very tight consolidation.
monitor for a break out of line of least resistant at the all time high for a SOS rally.
meanwhile, lets hope for it to strenghten the LPS and go for SOS rally.
all the best! #ameen

• ITMAX System Bhd (ITMAX) announced on Monday that it has been appointed by the Segamat Municipal Council (MPS) to operate 7,637 street parking in Johor's Segamat district, marking its fourth such contract in the state. (TheEdge, 23 Sept)
• The 15-year contract will allow ITMAX's 65%-owned subsidiary secure 70% of the revenue from parking collections and parking compounds under a revenue sharing model, while MPS will receive the remaining ...

Market Marks a Weaker Session Compared to Last Friday
Today’s session was weaker than the last trading day, with the Market Momentum Tracker falling into negative territory. Despite this, the short-term breakout count remains positive, with more breakouts than breakdowns.
However, the long-term trend still sits in negative territory, indicating that breakdowns continue to outnumber breakouts over a longer time frame. Most stocks retraced today followi...