the immediate support is at 0.32.....i personally suppose that this time when it flies, it will be in the spot light.....if not naturally, it will be stimulated by some news.....believe it or not....trade at your own risk. Market acts on the basis of "when it has to, it has to". My personal experience tells....lol.
I think big players r pushing down the price for accumulation before pushing up the price. Profiting making company n also paying dividend should be good for long term investment. Trade at own risk.
vinvin...i can see that ure passionate bout dis stock...granflo...i in at 0.34....i am so afraid it will go below 0.30 tmr...in ur opinion shd i set a stop loss? or continue to hold it...please enlighten me thank u...
Dav Man, I'm only holding 100,000 shares at an average price of 32.15 sen n I'm prepared to average down if it drops another 10% as it's a profit making company n also has been giving dividend n has recently proposing of investing in a new company which can improve its profit. I'll continue to average down for every 10% it drops. I'll make it as a long term investment. I really don't what u think about it but this is what I'll do. Trade at own risk.
Grand-Flo (GFLO MK) Technical BUY with +18.7% potential return Last price : RM0.330 (RM0.310~RM0.330) Target Price : RM0.350, RM0.380 Support : RM0.300 Stop-loss: RM0.295 BUY with a target price of RM0.380 with stop loss placed below RM0.295. GFLO’s share price has consolidated within a contracting range in the form of a bullish continuation pattern of “symmetrical triangle” since 24 Apr 14. Following yesterday’s breakout along with a higher trading volume of 2.1m shares (vs 20- day average of 0.37m), we expect GFLO to climb further in the near term. This is consistent with the buying signal flashed by “ichimoku kinko hyo” along with the improving momentum as shown by positive readings in both MACD and Stochastic. Moving forward, we expect GFLO to match X to X projection of the “symmetrical triangle” pattern at RM0.380. Conservative traders may try to accumulate at the lower range of RM0.310-0.330 with the expectation of profit-taking activity pulling down share price slightly.
I thought it could go up further n I only sold 50,000 shares at 34.5 sen on 11/06/14 so still left another 50,000 shares. Hope it can continue to go up later on.............trade at own risk
GRANFLO --> Awaiting high volume breakout Support: 0.325 Resistance: 0.35 (thereafter all time high) Granflo rebounded from support level today with high volume. Technical indicators suggest bullish momentum (MACD and stochastic), traders to watch closely 0.35 resistance level tomorrow. A successful breakout could bring GRANFLO to as high as 0.415 (based on AT price projection). Good luck
the mother shares keep coming down due to ppl converted warrant to mother share . after convertion immediately dump in the market. to stop mother share keep coming down, they hv to push up the warrant price.But maybe the company needs fresh fund and allow warrant has premium .....
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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....
coobacooba
38 posts
Posted by coobacooba > 2014-04-28 09:34 | Report Abuse
but the share price no movement