My View

HSL (6238) - In accumulation mode

Adam Khoo
Publish date: Tue, 18 Oct 2016, 10:25 AM
Sharing my view.

HSL is currently moving sideway in accumulation mode.

The share price moved up to the height of RM1.88 before Q2 result announcement.

Since Q2 result was below expectation, the share price retraced back.

Q3 result is expected to be better with more recognation of works which was not included in Q2 in time.

There will be 5~8% upside potential from RM1.73~1.75 in weeks to come if that is materialize.

Do further reseach to confirm the info before invest.

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beso

long sideway sure drop later

2016-10-18 11:34

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