Bull and Bear
[SUMATEC] Hot Stock Of The Day_30-Jan-18
Hot Stock Of The Day
30-Jan-18 #HSOTD
SUMATEC
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SUMATEC, been top Volume Counter of the day..
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lets see!
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click for image:
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as previous post, we stated 0.09 is a good support, but it has broken n headed into 0.08....
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next Minor Support would be 0.07 - 0.065 zone...
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Traders may consider stay away from this counter until better confirmation..
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we are slightly Bearish on this counter...
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indicator
Moving Average : mixed to slightly bullish
MACD : slightly bearish
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lets seee..
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Disclaimer :
Please be informed that our stocks pick are solely for education purpose ; it is neither a trading advice nor an invitation to trade.
For trading advice, please speak to your remisier or dealer representative.
you are responsible for your own risk management
Do Your Own Due Diligence
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May the trend be with you!
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Trade Safe!
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supersaiyan3
There are two possibilities: 1. The news of Halim sold shares broken out, so a portion of the investors sold. 2. Ikan Bilises hanged on, and Halim sold more shares. Looking at the volume, probably 1 is true and it will rebound friday.
But I don't care. If the company is genuine, should see at least 5000 barrels a day by year end. Share price will be at least 30c.
If i am right, then you are wrong, again.
2018-01-30 17:34