News that GUH is poised to make a comeback following the expansion of its printed circuit board (PCB) manufacturing operations in Penang and Suzhou, China sent its share price higher 2 sen on Monday, and a further 6 sen yesterday. As a result, GUH has rebounded from its trend line amid markedly higher volume. The key indicators have also hooked up to signal that buying momentum is picking up, and we expect follow-through buying activities to carry the share price towards the Oct-2013 high of RM1.15 (R2) and possibly RM1.26 (R3) next.
Source: Kenanga
yoda88
anticipating a break through of 1.14 soon as there's not much selling, volume reducing and price sustains.
2014-01-20 23:26