Eastland Equity (FBO MK) Technical BUY with +16.0% potential return Last price: RM0.480 Target Price : RM0.500, RM0.560 Support : RM0.445 Stop-loss: RM0.430 BUY with a target price of RM0.560 with stop loss below RM0.430. FBO’s share price made a gap-up on 18 Aug 14 as the share price breached the long-term downtrend line and set up a new up-leg. However, FBO made a steep pullback known as a “return move”. The shares have gradually recovered and established a bullish bias again amid yesterday’s closing above the BBI line. The bullish crossover in Stochastic points to growing momentum which could fuel further upside in the near term. Additionally, an uptick in the +DI line was supported by ADX, indicating a stronger uptrend movement ahead. As such, we expect the share price to retest the immediate resistance of RM0.500 which, if breached, could prolong the upward move toward the significant previous high of RM0.560 over the medium term. Expected Timeframe: 2 weeks to 2 months
mr bones where are u? what happened to this dragon today???playing roller coster...up down up...dont play dangerous thing mah...just fly slow & steady mah......
if dragon scare one go...through heaven!!!just teach it fr 3 sen - 3000 kaki, 5 sen - 5000 kaki untill rm1 to heaven! ok or not!!! kikikikikiki........
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 3089 views | 2 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....
michealc
173 posts
Posted by michealc > 2014-08-26 11:34 | Report Abuse
i bought many thousands lot of the dragon ball! just waiting it to bomb!!!!