DUFU experienced a consolidation breakout above the RM0.415 level with improved volumes. The MACD Indicator has expanded positively above zero, but the RSI is overbought. Price may rally towards the RM0.45-RM0.50 levels after a mild pullback. Support will be pegged around the RM0.40 level.
In general the global HDD industry is expected to contract in the coming quarters due to the weak global economy. However, our new product mix development with the HDD customers is expected to sustain our HDD businesses which will to a certain extent mitigate the expected contraction.
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....
louisng92
164 posts
Posted by louisng92 > 2015-11-24 11:47 | Report Abuse
Gogo, don't sell down