Technically, it is not looking good for WTK as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. The support and resistance level of WTK are 1.15 and 1.25 respectively. The RSI indicator is giving a reading in the oversold region. This may indicate the price decline may be over-extended. However the price and volume action at the 1.25 resistance level is to be monitored carefully.
RHB has been consistently upgrade the target price from Oct - RM 1.6 , Nov - RM 1.70 and Dec RM 1.76.. Mid and long term is good for this share.. huge potential upside... short term is good for accumulation.. IMO.
At the closing price of 1.19... there are 120k is Queuing to buy at 1.19... if selling not done.. seller would continue to sell all share at 1.19.. The remaining buyer share at 1.19 mean the selling is over.. IMO.
am going at 1.24, so my intention out at 1.40 but review the report , it show good for future, really do not know wht is the price should I move out. pls anyobody can advise, I am new in this type of invest...TQ
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....
tjhldg
27,218 posts
Posted by tjhldg > 2013-12-15 23:43 | Report Abuse
time to average .