i have trusted stemlife for so long... after the contra player left.. is time to move up up up.. 0.51 is consider low... my tp is 0.8 study the fundamental!!
StemLife (STEM MK) Technical BUY with +14.0% potential return Last price : RM0.525 Target Price : RM0.56, RM0.60 Support : RM0.50 Stop-loss: RM0.495 BUY with a target price of RM0.60 with stoploss at below RM0.495. Following a breakout from the BBI line on 16 Jul 14, STEM climbed to a new high of RM0.56 before profit taking dragged it down towards the immediate support of RM0.50. However, there seems to be strong accumulation amid the long-shadow in the candlestick as share price tested the support. We opine that the rising trading volume and momentum should push share price higher which looks set to resume its previous uptrend. We peg our target at the psychological resistance of RM0.60 over the medium term. Expected Timeframe: 2 weeks to 2 months
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....
nicole76
805 posts
Posted by nicole76 > 2014-07-25 10:07 | Report Abuse
That 3 cents payout is more like the profit from the .60 cents buyover..but hope this 1st interim they got good news to give out some more :p