PETRONM (Not Rated). PETRONM’s share price surged 44.0 sen (4.9%) before finishing at an all-time high of RM9.49. Chart-wise, yesterday’s breakout signaled the continuation of its prior uptrend after an earlier correction in June. Additionally, the “Golden Crossover” between the 20-day and 50-day SMAs, confirms the resumption of this bullish trend. From here, we expect PETRONM’s share price to move towards the RM10.00 (R1) psychological level, before a possible climb further up to RM10.91-RM11.00 (R2). With overall bias to the upside, we view any weakness towards the RM9.00 (S1) resistance-turned-support as a buying opportunity. Further below, the next support level is located at RM8.60 (S2), although a breach below this level would be highly negative for the stock.
later when people realize, they will switch from CD to CC. Value wise, CC offers more value .CD is more expensive value wise, even tho expire next year. CC still has 7 weeks before expiry, and the smart investor will be accumulating CC before it jumps.!!!
y take it so serious with he said la... don't fall for him la.... y keep on entertain him la... just let him b*rk only la... no big deal man... just let it be....
Good morning all, with the change of event here after reading RHB coverage and the strong price uptrend despite still in early August, I have revised my TP to RM11.50/= - RM12.50 range.
Bear in mind, the price movement of the active participation from issuance of new call warrants coupled with existing one has indirectly given the strong signal that Petronm will go higher and higher soon.
Don't let go what you have too fast. Or else, you will regret for this once in a life time golden chance !
Kwl8888 just hold and wait until quarter result announce, you will earn big bucks. For full potential and bullish shares like Petronm, reasonable premium is around 35%. There are many analysis talking about Petronm, based on next qr EPS, Petronm next tp is above 12-13. CD will trade higher than 0.690
stockranger Good morning Mr Koon and Mr Ooi, need to invite both of you to join our hot party at Petronm next week onwards. Please come as early as possible to avoid the heavy traffic jam at the party.
Even if you both can't attend the invitation, your high TP set for HY will still facilitate Petronm to run faster and higher ahead of HY's anticipated steady uptrend since both Petronm and HY are always mutually giving positive energy hand in hand to each other. That has been firmly proven so well todate.
So think about it in depth if you are just owning HY. Happy trading and enjoy a good weekend ! 05/08/2017 07:40
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....
superstrong
192 posts
Posted by superstrong > 2017-08-04 17:00 | Report Abuse
explode only buy 100k? so sure petronm so good buy all la so little y no money to buy more???