0.75 is the price for SMA 200, if can break then hiap teck will turn bullish. Besides it rises from the double bottom formation and support will be at 0.65 level (resistance turn support) hope it will up to tp 0.80
this stock is lousy :) sorry not offend but Jjtrader is right. If the director sold their shares at that level. Mean they don't even think that the company are doing good in future. Now the price at 0.695 Good luck to those who still hold and believe in this stock.
KLSE is market movement is like that one! when up... up a slowly. when down... down scary one! But HIAPTEK will go up very soon. Don't give up too fast!
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....
Jjtrader
1,178 posts
Posted by Jjtrader > 2012-02-11 09:43 | Report Abuse
Strong resistance ahead at 0.725 (50 days SMA) hope can cross over.