Bursa Malaysia Stock Watch
Luxchem…Catching Up The Amazing Race?
kltrader
Publish date: Thu, 14 Jan 2010, 12:16 AM
kltrader
0 20,414
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
The amazing race of latex glove stocks has made many investors left out in this sector envious. The fast-paced gains of easily more than 50% within a matter of days drove those who bought into it wild.
Luxchem, with its related link to the sector, begins to move into the uncharted territory by registering the highest close in its listing history.
Looking at the health of its technical strength, Luxchem has the potential to charge for higher highs esp. if it closes higher than 1.21 in the next few days. If this fails, expect a sideway consolidation.
Luxchem, with its related link to the sector, begins to move into the uncharted territory by registering the highest close in its listing history.
Looking at the health of its technical strength, Luxchem has the potential to charge for higher highs esp. if it closes higher than 1.21 in the next few days. If this fails, expect a sideway consolidation.
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