I remember I attended a webinar last December and the speaker recommended that this counter has the potential to go up this year as many projects has resumed. The next day, this counter went up and for the next 6 days, it hit 1.60 high. After that, it keeps sliding down. Many got trapped I supposed.
Never ever buy recommended stocks. The speaker could have bought it early November and need a little push before selling off his holdings to innocent retailers. I think he could be quietly accumulating now. Same fate will happen to KPS soon.
On technical strength level, as per 9.00am 26 April 2021
1 to 10 1 denote the weakest 10 denote the strongest
=============================================
For references, in order to understand so that can be a good guide in buying and selling purposes only
(i) Alcom= 8.5 (ii) EITA =6.5 (iii) EITA WA =6 (iv) A rank =5.5 (v) Press Metal =9 (vi) PMB Technology=8.5
The cloak is ticking near to 9.00 am, 26 April 2021 Monday
Will you be the one being left out, in Alcom And start kicking on yourself After end 5.00 pm of 26 April 2021, As there are numerous reminders to buy, As there are numerous reminders to add,
REMARKS (i) in current times, the April 2021 theme of metal, aluminium companies are VERY STRONG (CHECK OUT ON steel - - Ann Joo, Ulicorp,) (CHECK OUT ON aluminium - Press Metal, PMB Technology, Alcom).
Alcom /2674 (ii) short term, target price RM 1.50 (ii) mid term, target price RM 2.32/ old high
(iii) closing price, RM 1.24 as at 23 April 2021 RM 1.25 /year 2021 - high 26/04/2021 6:31 AM
For 26 February 2021 onwards, for serious buyers Pls buy Pls add
when the window of opportunities still open , in early morning , as the KLSE opens at 9.00 am , 26 April 2021, pls do not chase above RM 1.30
(i) short term target price RM 1.50
(ii) mid term target price RM 2.32 / old high
Technical Chart Alreadly , this share form a long flag pole , with bullish flag , breakout is RM1.25 , with strong surge in volume , follow by a few daily sessions, upwards in prices, with strong trade volume, increasing in buying continuous orders,
bull flags are among the most reliable and effective pattern when display clearly. 26/04/2021 7:00 AM
Under this unprecedented economic environment, ULICORP domestic demand for Cable Support Systems & Electrical Lighting & Fittings Products will continue to grow and recover . The Outlook for export market is expected to soften in the near future. Efforts to further improve on products quality & customer's needs while maintaining efficient operation.
ULICORP also committed to explore various cost saving measures to relieve the financial burden & improve the CASH FLOW POSITION.
ULICORP hopes to sail through this unprecedented time & emerge stronger going forward.
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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....
make_money_enough
81 posts
Posted by make_money_enough > 2021-03-08 21:22 | Report Abuse
Johngenting @ thought u are sayying "marks you words"? Sound like u are slapping your own face ..