TheBursaAnalystChannel

Wednesday quick bites

YourAnalyst
Publish date: Wed, 12 Oct 2016, 01:04 AM
Stock ideas

Disclaimer: Investments involve risks, including possible loss of principle and other losses. Articles posted are for educational and informational purposes. The Author shall not be liable for decisions made by readers.

Wednesday 12/10/2016

 

Dear Traders,

 

KLCI closed higher at 1,668.72 while the Djia is currently Very bearish, opened 18,308 and is currently lower by 150 points lower at 18,158.

Despite oil price and crude oil prices rally, our ringgit never fails to disappoint us and keep on falling only.

 

Market ideas for this Wednesday:

Hevea: as long as above 1.32 then it will go further UP NORTH.

Evergrn: hit support and bounce back. Healthy above 1.01.

Pohuat: today gap-ed up and close lower. This stock still have more potential. Cut if it goes lower 1.55.

 

Hope market wont be Boring Wednesday !

 

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