Stocks to Watch

Stock to Watch - NIHSIN

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Publish date: Wed, 25 Mar 2015, 12:26 AM
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Stock to Watch - NIHSIN

NIHSIN (one of the favourite stock which we spotted earlier before the first rally http://klse.i3investor.com/blogs/lovestockry/59720.jsp )
Price was rallied and went into correction after the bonus issue on February and was standing above RM0.30 which is a critical support for more than one week and the price was well supported.

Buying interest can be seen on today which it shows buyer might in control and possible breakout from the consolidation zone soon.

Indicators:
Golden cross can be expected if price break through RM0.32 in the following trading days which is a good sign as a new trend might get started. 
Stochastic is staying in the oversold zone for weeks and currently waiting for any buying interest to bring it up.

Traders can set their cut loss point at 0.295 
TP 1 : 0.345
TP 2 : 0.38

Any investment decisions carried out based on information, analysis, or commentary provided here is solely your responsibility. You should consult your investment advisor before making any investment decisions.

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Be the first to like this. Showing 5 of 5 comments

kingcobra

hopefully uptrend intact

2015-03-25 09:44

Syndicate_101

it is not ready !!! need to touch 0.345.. than can consider it

2015-03-26 13:13

is2015

Golden cross can be expected if price break through RM0.32 in the following trading days which is a good sign as a new trend might get started.

2015-03-26 15:43

Jenniewong

it out of steam this stock... syndicate is right! I will not buy as of now. have much more better stock.

2015-03-27 00:43

kittheungmakmak168

U buy or not buy no need post out lar~ important meh?hihi, syndicate bila start u know ar? So pandai oh, hehe, seem like u know more than director bila start~hihihi

2015-03-27 02:03

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