Konsortium Transnasional --------today uob kay hian report (KTN MK) Technical BUY with +30.6% potential return Last price : RM0.245 Target Price : RM0.265, RM0.320 Support : RM0.230 Stop-loss: RM0.225 BUY with a target price of RM0.320 with stop loss placed below RM0.225. Following a steep correction from the recent high of RM0.320, KTN’s share has twice rebounded from the low of RM0.205 before gradually recovering and successfully closing above the 50.0% Fibonacci retracement level of RM0.235 yesterday. As the trading volume has also improved in the last 3 days, we expect to see an upward continuation hereafter, backed by a surge in the positive momentum as shown by a bullish crossover in Stochastic. Additionally, KTN gapped up yesterday and closed above both the 10-day and 21-day SMA lines. This, in our view, signals a positive follow-through from the earlier rebound. Moving forward, we expect KTN to retest the previous high of RM0.320 over the medium-term.
sorry to hear that, treat as a lesson. break out is for operator to sell share to you ... remember the basic - buy low sell high, how to buy low sell high ? answer - focus 1 stock at once, monitor closely for opportunity.
keeps your finger cross.... anything is possible.... who knows if lucky enough... tomorrow gap up again? traderman is right.... follow the price carefully.
I think KTB still can up a lot lah. smrt yesterday up 23%, today also up another 11.11%. I think KTB can do better than that as it is cheaper than smrt. =)
may be can come out with 2 cent profit, but what for ? risk so high. investing should protect capital, how to protect capital ? buy price must low. Lim if you manage to come out from KTB with no loss, never chase stock again, do you know from yesterday closing price 0.245 to 30 cent is how many percent ? it is 22% !!! means if the operator has 1 millions worth of share at 0.245 or below, they can sell and earn 220k in just 1 day.
LIM. no worry lah tomorrow sure hit 0.335 for you to run. by the way are you holding 100/200k of ktb. you look very worry. play share must have the confidence in the share you've invested and some more heart must be steady loh.
LIM- still holding. malaysia bus service really need to be revamped ..so many operators so many accidents lately .. govt needs to do sth ; hope positive news soon
I see that there is someone doesn't like me to comment here. hahaha... No worry la, positive comments or negative comments will have minimum effort as to which direction the bus "driver" would like to go...We are all in the same bus, so just relax, cool down and enjoy the ride...
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....
blackmental88
20 posts
Posted by blackmental88 > 2014-05-07 09:35 | Report Abuse
masa utk jalan2 dh sampai...