In the very near future, the plantations business will shine and shadow the already trimmed timber business. From the plantation's asset valuation alone, this counter is dirt cheap! About 70,000 ha oil palm X RM70,000 per ha = RM4.9 bil ! Market cap of this stock today on $1.15 bil. So you see the value.
Jaya Tiasa Holdings Bhd forms bullish "Price Crosses Moving Average" chart pattern Oct 31, 2017
Recognia has detected a "Price Crosses Moving Average" chart pattern formed on Jaya Tiasa Holdings Bhd (4383:MYX). This bullish signal indicates that the stock price may rise from the close of 1.170.
Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.
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....
Jackylau10
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Posted by Jackylau10 > 2017-10-31 13:15 | Report Abuse
Scary conter