Stocks to Watch
Stock to Watch - PLABS (0171)
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Publish date: Tue, 14 Jul 2015, 06:14 AM
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A place for trader and investor to share the latest news and information on stock.
A place for trader and investor to share the latest news and information on stock.
Stock to Watch - PLABS (0171)
Proposed private placement has fixed the price at 0.195 according the bursa announcement. Current price trading at 0.215 and highest on March 2015 was 0.32.
PLABS is trading at a very firm support and safe level. Market sentiment has restricted its movement and today overall market sentiment has improved which the downtrend line might be broken tomorrow. Watch for the momentum tomorrow and traders can set stop loss at 0.185.
Short term target price is 0.235 (+9%) and mid term target price is to retest previous high which is 0.32 (+51%).
Happy trading!
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