Multi-Usage Holdings (MUH MK) Take Profit. Technical SELL with +20.0% potential downside Last price : RM1.16 Target Price : RM1.00, RM0.960 Resistance : RM1.32 Stop-loss: RM1.33 SELL with a target price of RM0.960 with stoploss above RM1.33. Following our earlier BUY call on 23 Jul 14 at the price of RM0.765, MUH has given an unrealised profit of 51% as the current price. However, the weaker price action in the past 2 days on dwindling trading volume indicates a lack of buying interest. This is consistent with a deteriorating momentum as Stochastic has shown a bearish crossover. Additionally, a downtick in +DI as the line crosses below the ADX line signifies a weaker trend ahead. As such, we recommend investors to lock in the recent gains. Expected Timeframe: 1 week to 1 month
Technically n fundamentally this counter can shoot up drastically given a limited numbers of shares free floating in the market. Just required a small numbers of deep pocket investors to shake it up. Hold vy tight.
this MUH family ...is really haizzz......result 10x increase compare last yrs quater....the edge also no announce..... so kesian ni MUH...... hope sooner soon lah
uum uum ... but .. sighhhhhhhhhhhhhhhhhhhhhhhhhhh ... chinese say .. 叫 好 不 叫 坐 .. wish monday can break 129 and up up all the way la ... and really think it can ... be patience la
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....
bonnietan1965
22 posts
Posted by bonnietan1965 > 2014-06-16 10:51 | Report Abuse
when can sell