I notice one thing but don't know whether history will repeat or not. I dont know how to attach chart over here. By looking at Jan and May in 2011, there is double top happening and thereafter the stock price drop. Sep-2012 and now forming another double top AND ngam ngam today closed at 0.615. If tomorrow cannot close higher than 0.615 with high volume, then double top is likely forming. I gained nothing here but just share as part of forum-er. Hope this helps. Note: Volume for tomorrow is very important if break above 0.615. No volume means high chance of whipsaw happening.
Upliftment will allow big boys i.e pnb,epf to upload rite... Plus, new project to be awarded,plus possibilities of dividend giveaway... May go up or down... Trade with cautious...
anulus81 : upliftment means big boy like epf and other invesment bank to pump in now... before that they can't invest in PN17 company... plus thheavy bid for so many projects worth RM1.5 billions ... u do the maths haha
disclaimer: I do not own this counter and not plan to own this counter. My sharing is base on charting. If you have the chart, you know what I meant. In bigger picture, this is a potential double bottom. No confirmation yet at this point.
Hi viperize..ur sttment seems logics here. Gd news read this ..http://www.btimes.com.my/Current_News/BTIMES/articles/20121030153604/Article/index_html . Tomolo will be O&G days ma...Petronas discovers more oil reserves near Bertam , 160km fr Pahang state @ profit sharing betw, Petronas and Lundin Sweeden. This will create excitement in the market ma tomolo...hopefully..EPF and Tabung Haji will pump more money in THHeavy. So want to wait some more kah...buybackma...
Also think that THHeavy will be as same par with MHB and SKPetro..
I would agree, TA wise,RSI 7 its overbought, RSI for month still low, but new support will be formed, new TP will be created
On sentiment, Pn17 is out, so, some may take profit tomorrow...but for FA, its a good buy when Petronas and other PSC will direct to THHeavy for their fabrication works
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MQ Trader 6072 views | 5 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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intrigue
62 posts
Posted by intrigue > 2012-10-30 18:57 | Report Abuse
hahahha