Kenanga Research & Investment
Highlights / Stock Picks of the Day - Boustead Holdings (BSTEAD) – Not Rated
Yesterday, BSTEAD advanced 11 sen to close at RM5.50. Although the share price increase translates to a mere 2% gain, we note that the price action has now broken above a 2-year downtrend. The move represents a significant change in BSTEAD's technical outlook, and we believe that this is a prelude to further gains towards RM5.77 (early-2012 high) next. Should this key resistance level be taken out next, BSTEAD would then have a clear path towards RM6.05 further up.
Source: Kenanga
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on Kenanga Research & Investment
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
.png)
Apps
Top Articles
1
Stock Pick Contest Year 2024
2
https://dividendguy67.blogspot.com
3
4
Koon Yew Yin's Blog
6
7
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
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....
