Today's volume is quite high with strong buying support. Having broken 1.08, it's poised to take on the next resistance at 1.17 and beyond. Buy signals have been triggered by the Stochastics and MACD.
By Surin Murugiah | 2019-10-11 09:25:18 KUALA LUMPUR (Oct 11): Shares in Heitech Padu Bhd rose 3.67% in early trade this morning following a positive technical outlook on the stock.
At 9.05am, Heitech added 4 sen to RM1.13 for a market capitalisation of RM114.39 million.
PublicInvest Research said Heitech is showing initial signs of potential recovery from its recent pullback.
In a trading ideas note today, the research house said improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term.
“Should resistance level of RM1.16 be broken, it may continue to lift price higher to subsequent resistance level of RM1.23.
“However, failure to hold on to support level of RM1.05 may indicate weakness in the share price and hence, a cut-loss signal,” it said.
Icon8888 sifu, The "major share holders" continuously sold this stock with big quantity. Based on you experience, is this indicate any things.thank you for all the advice and info provided.
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....
Despacito
393 posts
Posted by Despacito > 2019-10-08 11:59 | Report Abuse
Dah "Shake Out" ramai pemegang lemah dari 1.25 ke 1.01!
Cuma tunggu sindikit yg sudah punggut puas utk melancarkan roket...kikiki