SCC Holdings may trend higher after breaching the downtrend line and recovering above the 50-day MAV line. Traders may buy as a bullish bias could be present above the MYR2.45 level, with a target price of MYR2.69, followed by MYR2.88. The stock may consolidatefurther if it cannot sustain above the MYR2.45 mark. In this case, further support is anticipated at MYR2.25, where traders can exit upon a breach to avoid further correction.
JAKS Resources may trend higher after surpassing the MYR0.86level in its latest session to hit a multi-year high. Traders may buy as a bullish bias could be present above this level, with a target priceof MYR0.97, followed by MYR1.06. The stock may drift lower if it cannot sustain above the MYR0.86 mark. In this case, further support is anticipated at MYR0.80, where traders can exit upon abreach to avoid further correction.
Minho may trend higher after forming a “Bullish Engulfing” patternin its latest session. Traders may buy as a bullish bias could be present above the MYR1.63 level, with a target price of MYR1.80, followed by MYR1.94. The stock may drift sideways if it falls back below the MYR1.63 mark. In this case, further support is anticipated at MYR1.46, where traders can exit upon a breach to avoid further correction.
Mieco Chipboard may trend higher after forming a “Bullish Engulfing” pattern in its latest session. Traders may buy as a bullish bias could be present, preferably above the MYR1.13 level, with a target price of MYR1.21, followed by MYR1.30. The stock may drift sideways if it cannot surpass the MYR1.13 level in the near term. In this case, further support is anticipated at MYR1.00, where traders can exit upon a breach to avoid further correction.
Cahya Mata Sarawak may trend higher after recently breaching theMYR5.44 level. Traders may buy as a bullish bias could be present above this level, with a target price of MYR6.08, followed by MYR6.46. The stock may consolidate further if it reverses below the MYR5.44 mark. In this case, further support is anticipated at MYR5.03, where traders can exit upon a breach.
Glomac may experience a further technical rebound after recovering above the MYR0.84 level in its latest session to touch the 50-day MAV line. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.95. The stock may drift sideways if it reverses below the MYR0.84 mark. In this case, further support is anticipated at MYR0.77, where traders can exit upon abreach.
calvintaneng
WAHAHA!
Minho was 17 cents in 2009 when nobody bothered. Now up more than 1,000% & Now in Greater Fool Territory!
Jaks? Jumping Jaks was 39 cents in Dec 15 to 17 2014 when Leno & Mr Bull fled in panic. Now more than doubled & Mr Market is finally taking notice. Time to sell to Mr. Market now.
And CMSB?
Haha! Why no mention when CMSB was Rm2.20 years back? Or After Split at Rm4.79 before 11MP Announcement? Why highlight it only price has gone up.
Remember Calvin's 3rd Rule
HE THAT IS LOW NEEDS FEAR NO FALL
Definitely not at these high and lofty prices when they turned so popular!
That's why the crowd chasing High Flying Hot Stocks will cause 80% of those who end up losing money at the bottom line.
Calvin's Warning!
Don't overpay for euphoria. Better be safe than sorry!
Those who bought Sumatech at 80 cents, Transmile at Rm15.00 & IFCA at Rm1.80 are now paying for a moment of folly by being carried away in euphoria.
2015-07-21 22:33