Sapura uptrend should continue after it closed at its highest in more than 5 years. A position can be initiated on another close above the broken resistance of RM1.70, with a close below the recent low of RM1.50 as stop-loss. The price target is RM2.50, with selling also expected at RM2.10. Failure to stay above RM1.70 could see selling taking over but expect strong supports at RM1.57 and RM1.46.
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....
Ngai Chee Weng
Paper profited about 15% now. Think can reach RM1.9 by 20 July.
2012-07-06 17:48