Blog: Daily Trading Stocks- SYF Resources Bhd

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3 comment(s). Last comment by Littleinvestor 2012-09-15 07:50

Michael Dreamun

287 posts

Posted by Michael Dreamun > 2012-09-15 07:02 | Report Abuse

can reach 1.00

Littleinvestor

264 posts

Posted by Littleinvestor > 2012-09-15 07:43 | Report Abuse

I might be a bit conservative, as I don't dare to enter at this high price, the risk is way too much, for me. I believe there are quite a number of cheaper priced counters in KLSE to choose from.

Littleinvestor

264 posts

Posted by Littleinvestor > 2012-09-15 07:50 | Report Abuse

As you can see from the chart, although it breaks 75cts resistance, the chances of it falling to the resistance level again is still there. Once that happens, it will move towards 50cts level and hibernate. But, if there is good news on future earnings or other positive corporate issues, this uptrend will be continued if not, at the minimum, sustainable. My opinion.

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