don't worry so much la. PRlexus should undergo adjustment after flying from 1.15 to 1.6 in few weeks time. My remiser said there are correction in small cap stocks today. I think its a healthy correction. PRlexus PE of 6.7 is still decently low, wait a few days, when correction is over, can consider going in again.
in bull market you can said that is good sign but if market under uncertainties must b careful trade especially now is price adjustment for penny stock . tecni analy is not really 100% accurate , all must b depend on market sentiment . for bullish and gd news release or rumor spread this is really a gd sign to buy in when hammer appear . trade for own risk
Prlexus is save bet counter. This stock will give u limited down side but d up side potential can be 100% in this yr alone. Look their PE, rev n profit trending n biz. Will be shining star. Stay tune.
Prolexus (PROL MK) Technical BUY with +18.3% potential return Last price : RM1.53 Target Price : RM1.64, RM1.81 Support : RM1.39 Stop-loss: RM1.38 BUY with a target price of RM1.81 with stop loss placed below RM1.38. PROL’s share price retraced from the recent high of RM1.64 to the low of RM1.37 before successfully staging a strong rebound over the last two days. PROL has climbed above both the 10-day and 21-day SMA lines, which effectively ends the recent correction phase and kick-starts a new up-leg. A bullish crossover between the +DI and ADX lines suggests the start of a new rally while a positive reading in Stochastic signifies a surge in momentum which in turn should support the share price’s further advance. We expect PROL to retest the previous high of RM1.64 in the near term, which if breached should trigger fresh buying interest and lift the stock towards the 1.61x Fibonacci extension level of RM1.81 over the medium term.
my sifu said, must always remember to take profit. 40%,30%,25% also good, as long as take some on the rise. If drop u made some already, if rise u earned less that's all. Over the long run, wont get burn even during market crashed. Anyway, support PRLEXUS. Still slightly lag behind MAGNI. but a good report will tarik some attention. :)
recently who said there will be a confirmed uptrend a...is that you,acdc??and you said you are the boss.. where are you nw? when nothing happened, you kept quiet ....when it comes up ,you only appear in front.. that is not the way ..
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....
acdc
1,421 posts
Posted by acdc > 2014-04-24 07:07 | Report Abuse
2nd wave soon.TP=2.00