The counter has been bouncing between 1.77 to 1.84 for past three
months. Market might have absorbed most negative prospective factors for
the telco counter. Looking into bullish break up from its peer,
Starhub, similar break up might happen on M1 as well. Last Thursday saw
relatively strong buying volume. Similar spike up happened before as
well. Shall price break up from 1.84 with decisive volume, it could head
towards 1.9. There is a trading gap from 1.96 to 2.04, which might be
your most ambitious target.
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