DXN Holdings Bhd, an interesting counter. Financial Analysis - YoY net income +43% - YoY EPS +43% - ROE 27% - All too impressive, but of course the price doesn't reflect these figures.
So, it goes down to Technical Analysis: - Base formation at 0.615 - 0.625 currently as support - 10MA is gradually crossing 50MA, we want this go even steeper - So when thinking in probability, there is a high chance that the price can be pushed further up, provided the volume is robust (>10M shares traded on a given day)
Always think in probability, but the probability for an upside is high for this counter.
MLM does not appeal to many generally. However so long the company can grow consistently and report higher profit, the share price will catch up eventually. Meanwhile just sit down and enjoy the good dividend..
yesterday volume was not good enough to perform super bullish run retracement is expected anyway... uptrend signal is confirmed expect more funds to join in to push up price in short term (provided US market does not experience STEEP correction) 😎
tomorrow is public holiday can foresee today will face selling pressure normal to see retracement it happens to majority counters today confident to see continue uptrend with higher volume 😎
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....
TiffanixLVxHermes
245 posts
Posted by TiffanixLVxHermes > 2 weeks ago | Report Abuse
let me guess what is the next move
0.62 support will break and touch 0.615 today
😎