A well deserved and long overdue breakout. A steady rise coupled with string fundamentals over a sustained period and it could double like Frontken did from June last year at 43p. I should know!
KUALA LUMPUR (Feb 26): RHB Retail Research said Fitters Diversified Bhd may move higher after it continued holding above the 47 sen support.
In a trading stocks note today, the research house said given that it has formed a long white candle above the rising 21-day SMA line, this indicates a positive sign.
“A bullish bias may appear above the 49.5 sen level, with an exit set below the 47 sen threshold.
“Towards the upside, the near-term resistance is at 56 sen. This is followed by the 60 sen level,” it said.
Now, this is a clever and level headed chap or lady BUT is this example suggesting that the price is low or high. Forgive my ignorance, some lawyers are not good with numbers!
one must have faith and trust in order to make money, Otherwise, can't make much. on the other hand, trusting too much and back up by heavy Investment could lead to huge losses! that's share mkt!
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....
moneykj
6,141 posts
Posted by moneykj > 2019-02-11 15:30 | Report Abuse
Holding well