Symphny share price spiked from around 12 sen to peak at 30.5 sen immediately after it announcement of the propose RTO by Ranhill Energy end of March this year. The share price has seen retreated and hovering around 22 sen lately. After the 1st Wave, the counter took a long time to consolidate. Today the counter rose 2.5 sen or 11% to close at 25 sen with significant volume. There could be the sign of the start of second wave. Immediate horizontal resistance is at 27 sen, if the counter can break this resistance then there is a good chance the 2nd Wave will come and bring the stock to test its previous peak of 30.5 sen. Stay tune and ready to ride the wave!
After 20/8 of sudden down ...glad to c it rebounds back today. Hopefully tmr break 0.270 ...till 0.305.
2014-08-21 22:53
20/8 sudden down is mostly caused by the overall sentiment of the market. Since this counter not really run yet so it may still have rooms to go.
2014-08-22 06:59
AiryA
today's price increase may be due to quarterly report yesterday - recorded PBT of RM2m+. as per chart, need to break 0.27 to confirm another wave
2014-08-19 21:42