Kenanga Research & Investment
Highlights / Stock Picks of the Day - Supermax Corporation Bhd ("SUPERMX”) – Not Rated
We believe that SUPERMX has further distance to go north after the share price broke above the crucial channel resistance on strong buying volume. Taken in combination with the bullish key indicators such as Stochastic, CCI and RSI, we believe that the share price could potentially make its way towards RM2.45 next, based on measurement objective. Meanwhile, strong downside support can be found at resistance-turn-support channel @RM2.16-RM2.20.
Source: Kenanga
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
invest88
This is really a good share that worth to keep. Short term TP 2.30 reach, soon will reach long term TP 2.8
2013-08-06 13:03