If you willing to give a trust. Based on 2 days trading pattern compilation. Tomorrow I would make a sell call. I am ready to cut loss. Please do not bet when the company not deliver positive income.
Doesn't not matter. Buy n sell final decision depend on individual. Keep up your good job. In share can win 7 out of 10 already good judgement or foresight.
"SUNZEN has experienced a breakout above the RM0.39 level with improved volumes. The MACD Line is trending higher above zero, while the RSI has hooked above 50.
With the momentum picking up, price may rally towards the RM0.475, RM0.57 and RM0.625 levels. Support will be pegged around the RM0.32 level"
Extract from Malacca Securities Research dated 29December2014. 02/01/2015 10:11
SUNZEN – Price has experienced a breakout above the RM0.475 level with high volumes. The MACD Indicator has expanded positively above zero, but the RSI is overbought. Price target will be pegged around the RM0.60 level. Support will be set around the RM0.45 level.
Source: M+ Online Research (Malacca Securities Research) - 19 Jan 2015
current volume wave is lower than previous volume wave that means ppl are holding this counter, selling pressure is low, price will definitely go higher
bro, ur analysis quite consistent with my insider news leh.. TP RM1.00 Have a solid source say sunzen will have series of corporate exercise in this year.. may be this month will have announcement come out !
haha... sure la bro, wait for sweetener announcement by this week or next week and follow by a super transaction third or fourth quarter ! tradetowin 2015 thanks for your dinner in advance ! hit RM1.00 sure will claim for u lol.. hahaha
haha... at least is good news can d.. now weak market trend only two counter to look which is ifca and sunzen.. superbull counter in 2015! sure u will earn back and make huge money
Expandable analysis below is as good as it gets. However I am fairly optimistic this current Wave TP is much higher than 57sen. Who knows, more in the region of 62 - 75 sen region !!!
expandable just breakout from historical high of 0.475 with high volume, next resistance should be 0.57, 0.73, 0.98 based on fibonacci 20/01/2015 20:17
Probably achievable once it overcomes this current level. Anyway just my two sen worth !! Happy trading !!
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....
kimkowlee
562 posts
Posted by kimkowlee > 2015-01-13 21:15 | Report Abuse
Duit, you r specialist. Wonder this counter still in your radar /list?