The Stock Library
Instaco on the rise after EGM
Edwin Toh
Publish date: Sat, 17 Aug 2013, 09:21 AM
Edwin Toh
0 184
Talk about everything all under one roof which help us profit big money!! This blog have Technical Analyze Chart on Selected Stock and Forum for Daily Buy and Sell Call.
Disclaimer
All observation, buy call and sell call based on my own personal view are just for informational purpose and for my personal references to remind my self what i have analyze before and now for self improvement. Buy at your own risk and do not follow my view as i am only a novice analyzer with 60% success only..
Disclaimer
All observation, buy call and sell call based on my own personal view are just for informational purpose and for my personal references to remind my self what i have analyze before and now for self improvement. Buy at your own risk and do not follow my view as i am only a novice analyzer with 60% success only..
On Friday 16 August, there was some profit taking from 0.380 ~ 0.390 before 11.30am because some panicked before the EGM whether what will be the exercise price of the free warrant. After about 11.45am, it shoot up to 0.40 and shoot up again after 3 to 0.42 after they got the information that the exercise price will be at 0.33.
Based on the chart it will test the next resistance at 0.43 and probably next resistance will be at 0.46 ( TP from RHB).
MACD - Positive
RSI - Positive
STO - Positive
ICHIMOKU - Positive
REsistance at 0.43 and 0.46
SUpport 0.37
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CS Tan
4.9 / 5.0
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....
mahtani
wait till 0.44.
2013-08-17 10:59