the candle pattern sure looks funny.... last Friday soar, then Monday open lower.... definitely not profit takers (cant take much profit anyway because it opens lower). Someone want to control the price at certain level?
Master-Pack may climb after gapping higher last Friday. Traders may buy if the stock stays above MYR0.83 today, with a close below MYR0.80 as a stop-loss. The price target is MYR1.00 if the MYR0.90 resistance is broken. However, note that the stock could trend lower if it fails to stay above MYR0.83, and further support is at MYR0.75.
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....
kinkudes_hc
817 posts
Posted by kinkudes_hc > 2014-06-02 14:01 | Report Abuse
NTA = 1.08, P/E=8.367