this week.......honestly, i dont know if it will be a good one.Im sure they make money as always....What is good abt this ompany is , after declare their P n L, n if its good , only they push up . Pure gentleman.....they may change later,i dont know as it run by humans. So u can wait if u hv not bought .....
Efficient E-Solutions (EES MK) Technical BUY with +20.0% potential return Last price : RM0.215 Target Price : RM0.230, RM0.260 Support : RM0.200 Stop-loss: RM0.195 BUY with a target price of RM0.260 with stop loss below RM0.195. Following a recovery from the low of RM0.185, EES’s share price has consolidated within the range of RM0.195- 0.215 for the past 7 weeks and formed a “rectangle” pattern. However, yesterday’s sudden surge in trading volume (14.1m shares vs 20-day average of 1.7m shares) signals strong buying interest. This is consistent with the uptick in RSI as surging momentum could lift the share price higher in the near term. Additionally, a bullish cross between the Aroon Up and Down lines implies a significant change in the trend movement which, in this case, shifted to an upside bias from the previous consolidation mode. A positive closing above RM0.215 should kick-start a new up-leg. Expected Timeframe: 2 weeks to 2 months
Lalahuhuki......A Pennant Bullish follows a steep, or nearly vertical rise in price, and consists of two converging trendlines that form a narrow, tapering flag shape. It a TA or FA term...why this counter will hv a limit up ??
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cloudcloudyap
73 posts
Posted by cloudcloudyap > 2014-08-20 14:08 | Report Abuse
price supported,time to go