Yeah traderman, so you're holding rubbish now and I'm not, since I'm already out of this counter long time ago. I was just dropping by to say hi. Good luck.
REDtone International (RIB MK) Technical BUY with +16.2% potential return Last price : RM0.74 Target Price : RM0.785, RM0.86 Support : RM0.71 Stop-loss: RM0.695 BUY with a target price of RM86 with stop loss at below RM0.695. Share price has moved along the uptrend line since 6 Feb 14 before consolidating within the RM0.71-0.785 range over the last 13 weeks. Despite trading sideways, trading volume has improved in the past three weeks (1.26m shares vs 0.4m shares) as share price rose above the “cloud” yesterday. As the MACD approaches the zero line with the Stochastics flashing a bullish crossover, we expect the surge in positive momentum to drive share price higher to retest the immediate resistance at RM0.785. If this level is breached, it may spur fresh buying, thus potentially catapulting share price towards our medium-term target at the all-time high of RM0.86.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kenlfo
441 posts
Posted by kenlfo > 2014-06-17 16:04 | Report Abuse
haha...too steady also not good...can't move up