When it was running up after the bonus .. It took several days to a his e current price of rm2.42. So hopefully .. Tomorrow got another day show also! :)
aiseh,let it touch 2.5 first lor...then we collect again mah....btw,it has down for more than 7~8 days,i supposed it will continue up for at least 4~5 days...before going down again....huatttttttttttt arr
Deleum (DLUM MK) Technical BUY with +23.1% potential return Last price : RM2.38 Target Price : RM2.63, RM2.93 Support : RM2.16 Stop-loss: RM2.15 BUY with a target price of RM2.93 with stoploss below RM2.15. DLUM’s share price has established a very strong support at RM2.16 since the gap up on 12 Mar 14. Following a formation of bullish reversal pattern of “bullish engulfing “on the back of extremely higher trading volume on 3 Jul 14, we expect the consolidation to be over. The share price has successfully closed above a golden crossover between 10-day and 21-day SMA lines last Friday, and registered a positive follow-though. In our view, this signals the creation of a new up-leg. This was boosted by the bullish crossover in the Stochastics, and a growing momentum should help to push DLUM higher. We peg our medium-term target at 1.38x Fibonacci extension of RM2.93. Timeframe: 2-weeks to 2-months
Any acquiring or corporate activities will added as catalyst for price movement, very well fundamental company with their lucrative business in O&G service, 3 dollar just a short term target, but long term and value investor will be rewarded such return.
there is M&A activities going on, and will announce soon. the M&A will raise the EPS significantly. Accumulate the share now, the boat is start sailing.....
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....
Kevin Shah
15 posts
Posted by Kevin Shah > 2014-07-03 15:12 | Report Abuse
something big happening...