FX .....Share buy back------ is it good ? i hv seen directors selling shares and the price also went up.Of course buying is better than disposing,,,,,am not too sure. After buy back, not likely that the price will surge. Cooling period first ?
SMRT Holdings (SMRT MK) Technical BUY with +19.8% potential return Last price: RM0.835 Target Price : RM0.945, RM1.00 Support : RM0.790 Stop-loss: RM0.760 BUY with a target price of RM1.00 with stop loss below RM0.760. SMRT’s share price hit a new high after peaking at RM0.945 on 15 Aug 14. However, the share price retraced lower afterwards, following a healthy correction with SMRT treading within the “downward price channel” in the past 3 weeks. As the share price rose above the channel last Thursday, we opine that the recent correction is over given the share price has successfully risen above the BBI line and along the uptrend line. Despite a minor pullback last Friday which can be perceived as mild profit-taking activity, we expect the uptrend to resume in the near term, backed by a growing momentum as shown by a bullish crossover in Stochastic. Moving forward, we expect SMRT to retest its previous high which if breached could catapult the share price toward the psychological resistance of RM1.00 over the medium term. Expected Timeframe: 2 weeks to 2 months
i dont know........I see, i evaluate and i buy...chun ! the latest is Efficien, i happen to see his post as i hv shares invested. ...Less than 4 days, the shares start to move till today...U can monitor..
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....
lion345
59 posts
Posted by lion345 > 2014-09-04 14:51 | Report Abuse
1.33