APM's rebound may continue if it can close above the psychological RM5.00. A purchase can be made if it happens, with a close below the recent low of RM4.65 as a stop-loss, or otherwise, a tighter stop lies at RM4.90. The price target is the 2011 high of RM5.75, with selling also expected at RM5.50. Failure to break resistance could see it move sideways and the stock may even correct if it closes below RM4.65.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 4226 views | 4 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....