marcus beh..if u decide to buy at this lvl,84-85 which is close to the bottom end of the uptrend channel,u have to exit if it closes below 0.815 sen at any one day.
Malton's counter not that safe lah...Net research is more realistic compared to RHB....I will wait for another week to see the movement of this counter...if it slides below 0.80 better don't touch...don't know what is the rock bottom...
Today penny stocks moving sideway....up a little.....n then down a little....even though I've reloaded my TOUCH & GO but still not the right time to move in. So 2day 'INI KALI LAH' masih tak bolih pakai, maybe I've to wait for 'LAIN KALI LAH'.
from my chart analysis,0.725-0.74 wud be the major bottom OVER THE SHORT-MED TERM.Dont have to panic,0.815-82 support area may turn out to be a good support n shud c a rebound from there on the 1st test if any.
It was mainly due to uncertainties in the global mkt n investors remained cautious. The US Fed Res has made clear that tapering could begin most probably on Sept 2013 provided the economic news between now n then was not dramatically bad.
The next US Fed Res Committee Meeting has been scheduled on 17 (Tues) & 18 (Wed) Sept 2013, n it shall hv a strong impact on the direction of the global mkts. Good Luck.
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....
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Posted by 55880955 > 2013-08-26 11:01 | Report Abuse
marcus beh..if u decide to buy at this lvl,84-85 which is close to the bottom end of the uptrend channel,u have to exit if it closes below 0.815 sen at any one day.