FAJARBUILDER is a construction and material supplier based in Kelana Jaya. Directors have been collecting since November at price RM 0.370 and 0.350.
The EWave is in downtrend mode since bullish during pandemic 2020 at 4th wave. it need to break the trendline with Breakout to start final wave 5 to RM 0.550.
A midterm target in 2022 would be once COVID 19 consider as Endemic and all restriction to construction and material supplier for workers limitation will be over. It some kind of a hope but TA is still in bullish mode.
Next target is between 0.500-0.550
The EWave is in downtrend mode since bullish during pandemic 2020 at 4th wave. it need to break the trendline with Breakout to start final wave 5 to RM 0.550.
A midterm target in 2022 would be once COVID 19 consider as Endemic and all restriction to construction and material supplier for workers limitation will be over. It some kind of a hope but TA is still in bullish mode.
Next target is between 0.500-0.550