Ho Hup Construction (HO MK) Technical BUY with +15.6% potential return Last price : RM1.68 Target Price: RM1.81, RM1.94 Support : RM1.57 Stop-loss: RM1.53 BUY with a target price of RM1.94 with stop loss placed below RM1.53. HO’s share price had retraced from the recent high of RM1.57, continuing to consolidate downward in the last 5 weeks before rebounding off the “cloud” and successfully penetrating the immediate resistance of RM1.57 on 21 Apr 14. Given yesterday’s positive follow-through, the share price is now trading in new territory. In view of the rising momentum as flashed by positive readings in MACD and Stochastic, we expect upward continuation subsequently. The emergence of fresh buying interest as shown by a higher than average volume (20-day average of 3.1m) is a sign of persistent buying pressure, thus we peg our upside target at the 1.61x Fibonacci extension level of RM1.94 over the short to medium term.
waimun, cant be 3.30pm, becos KLSe usually allow annoucement only after 5pm. member 41, if suspend, that mean BINgo ! it is super good ! it will be a limit up . usually wyhen u exit pn17 , u need to suspend one day
the number of selling is just peanut only to big boys , today has to be a quiet day a bit as not to alert polis , anyway , Inari and insas's engine just started , and moving now
ecwh, another member in i3 taught me that sell/buy queues are just smoke screen. His statement is valid, if those people really desperate to sell, they wont just put the queue there, they would have been done it since long time ago. Queues can lie, charts wont. Reading charts is an art, but it's also like scientifically doing a post-mortem after a trading day. Just my 2 cents opinion.
wellsaid. mrgala. I spend many hours after market to do post mortem. there is no shortcut to making profit in stock market. u must work hard. when ppls playing and blow water in café, u do the post-mortem at home, lonely. like a sorhai. but when u see profit pouring in one lorry after another and those who have fun and don't do post-mortem is asking in forum WHY like that? why go up, why go down?
First quarter result suppose to announce by May, now announce earlier sure have big news coming, furthermore Ho Hup record 3 profitable quarterly results, Bursa no reason keep them in PN17 status anymore
He is brother to GERAKAN president's brother . His main duty is to get pn17 out . Ho hup has a lot of new project , they can't launch if still in Pn17, bank won't give loan to buyer , so he play veli important role to save Europe trip , ha ha ha
wakakaka. oic. sc ppls want to try out the latest Four Seasons Airline. has 4seasons chef on board to cook whatever u like. starting from usd3million to chartered it. can sit 80 ppls mah. and must stay in Four seasons
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....
k6ii
1,873 posts
Posted by k6ii > 2014-04-24 11:01 | Report Abuse
Fulltime, wat news?