Konsortium Transnasional (KTN MK) Technical BUY with +30.0% potential return Last price : RM0.300 Target Price : RM0.360, RM0.390 Support : RM0.275 Stop-loss: RM0.27 BUY with a target price of RM0.390 with stop loss placed at below RM0.270. Following our earlier BUY call on 7 May 14 at RM0.245, share price has continued to climb along the rising trendline and is now approaching our target of RM0.320. Last Friday’s gap-up on extremely higher trading volume of 17.1m shares (vs 20-day average of 2.5m) was marked as a continuation of the current up-leg, thus potentially extending towards the previous high of RM0.320. The positive readings in both the MACD and Stochastics have given an impression of a stronger momentum, which in turn should push share price higher. A breakout above RM0.320 should ensure a continuation of the uptrend as we peg our medium-term upside target at the 1.61x Fibonacci extension level of RM0.390.
The Hope Analysis definitely not working today for me.... anyway sold half already at 0.325... hahaha,, tomorrow should I try again hoping to reach 0.35?
Very nice strong closing... tomorrow going to clear all my position hopefully can up up, have enjoyed enough of this very nice bus ride and now is time to get off with very good $$$ in hand and start enjoy my hot "Sona" instead... hahaha
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....
sklyte
2,621 posts
Posted by sklyte > 2014-06-13 10:08 | Report Abuse
told you guys, gpharos/mesb/ktb all my top pick hahaha, world cup? forget about it, stock market please