Kenanga Research & Investment
Highlights / Stock Picks of the Day - SMRT Holdings Berhad (SMRT) – Stopped-out
Recall that we published a trading buy call on SMRT on 24th July 2014 premised on increased buying momentum of the stock. However, its share price did not perform as expected and it has been trending down since then and broke down from its Fibonacci support at RM0.75 and triggered our stop-loss at RM0.73. Bearish trend remains with MACD seen trending down in negative divergence over the Signal Line. Thus, we are issuing a ‘stopped-out’ call on this stock.
Source: Kenanga
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on Kenanga Research & Investment
Weekly Technical Highlights – Dow Jones Industrial Average (DJIA)
Created by kiasutrader | Aug 26, 2024
Bond Weekly Outlook - Domestic Bond Yields Set To Trend Lower Ahead On Expected Fed Dovishness
Created by kiasutrader | Aug 26, 2024
Discussions
Be the first to like this. Showing 2 of 2 comments
Kenanga is only looking from TA perspective, becoz they previously recommend a buy call from using TA. Chills bro :)
2014-10-11 03:23
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
.png)
MQ Trading Signals
Time
Signal
Duration
Type
2024-08-26 16:40:00
ADX
5 Mins
BUY
2024-08-26 15:30:00
EMA 5
5 Mins
BUY
2024-08-26 15:15:00
EMA 5
5 Mins
SELL
2024-08-26 15:00:00
TURTLE SYSTEM 20
10 Mins
SELL
2024-08-26 14:50:00
TURTLE SYSTEM 20
5 Mins
SELL
Apps
Top Articles
1
Koon Yew Yin's Blog
3
Koon Yew Yin's Blog
4
6
7
#
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....
Frank Soweto
stopped out? wat is stopped out LOL. stop n then OUT? that is why la better stick to FA. izzit undervalued or not? has the FA changed during the previous Buy call till now or juz bad market sentiment? if yes then sell n move on to others. If no changes then continue buying slowly during weakness :) Dun become like Trader Joe :)
2014-10-11 03:20