Kretam Holdings may rebound further after climbing above the downtrend line and MYR0.44 level in its latest session. Traders may buy as a bullish bias could be present above this level, with a target price of MYR0.49, followed by MYR0.525. The stock may drift sideways if it cannot sustain above the MYR0.44 level. In this case, further support is anticipated at MYR0.405, where traders can exit upon a breach.
KRETAM rebounded off the EMA20 level with improved volumes. The MACD Histogram has turned green, while the RSI has rebounded off the 50 level. Monitor for a breakout above the RM0.525 level, targeting the RM0.615 to RM0.65 levels. Support will be pegged around the RM0.49 level.
KRETAM rebounded off the EMA20 level with improved volumes. The MACD Histogram has turned green, while the RSI has rebounded off the 50 level. Monitor for a breakout above the RM0.525 level, targeting the RM0.615 to RM0.65 levels. Support will be pegged around the RM0.49 level.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3150 views | 3 d ago
0:17
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!
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....
zhenguyee
49 posts
Posted by zhenguyee > 2015-08-13 09:45 | Report Abuse
beautiful_life ice, are you still holding kretam?