Wzsatu on the verge of break out now

Based on today technical chart update, Wzsatu is on the verge of a break out process now that could see further strong uptrend in the counter.

The chart outlined a possible break out from long term down trend line with bullish RSI in sight, signalling a come back.

Significant event to take note in the counter is

- Major shareholder Dato Sri Tengku Uzir Bin Tengku Dato Ubaidillah, had been upping it's stake in Wzsatu in open market. Currently, he is holding close to 24.5% of the company stakes.

- Bauxite mining to see a boom in the future. New player in to the industry such as AWC had garnered much investor appetite.

Be a smart investor. Invest when the stock is sleeping, unleash when it become a dragon. Wzsatu now is still considered cheap based on Tengku Uzir intensive accumulation everyday.