Highlights / Stock Picks of the Day - Benalec Holdings Berhad ("BENALEC”) – Not Rated | I3investor

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Kenanga Research & Investment

Highlights / Stock Picks of the Day - Benalec Holdings Berhad ("BENALEC”) – Not Rated

kiasutrader

Publish date: Wed, 05 Jun 2013, 09:48 AM

Similarly, BENALEC’s confirmation of the “Bullish Flag” chart pattern yesterday was supported by active trading and continued dominance of buyers. The share price ended 16 sen higher to settle at RM1.55 yesterday. In fact, the stock has also taken out the crucial multi-month resistance @RM1.47. Thus, we believe the stock is likely to continue its upwards trajectory towards RM1.69, for a 14 sen upside potential.

Source: Kenanga

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Discussions

Be the first to like this. Showing 2 of 2 comments

Go for it their uptrend.Bright outlook

2013-06-05 10:10

i support strong buy on this counter. Will come big

2013-06-05 16:16

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