"Cypark could rebound after a firmer close yesterday. A position can be initiated on a close above yesterday's high of RM1.72, with a close below last week's low of RM1.66 as a stop-loss. The price target is RM1.80. Failure to break higher should see the stock trend lower. Further supports are at RM1.55 and RM1.50."
The 1.55 is referring to SUPPORTS in TA and not price target. Pengsan...
Limpek 4896, I have similar idea with you too. It is the only firm that is able to turn landfill out to be a green tech park with competitive cost. You may refer to the company profile.
They have more than enough project at hand no need anymore. Their solar park itself need investment of RM 790 mil. However we are not sure how are they going to raise the capital.....anyway good potential concession counter.
Wtv goes up will go down n wtv goes down will go up. So it depends on u. It is a gd counter but because everyone got scared n start sellin, thats y we c everything start tumbling down. I wud recommend u to cut losses by buying when its low. Tis share wil bounce back after nxt week. (i hope)
Well the quarterly results will be out end of this month.. whether gain or lose depend on the results...but this is the first full quarter with contribution from the solar RE business...
I bought this share at 1.90 Since then it is dropping Now it is 1.51 Feel like giving up As this is a dividend stock i will j just wait for one more mth and see what happens The strange thing is since this is a good stoch why is the share price keep falling ????
if you bought 1.9, no point to cut now ... you are feeding the shark only ... what surprise me is when cypark at 2.0 just 1 month ago, there are few 5k lots done ...
Yup.. They sure break 1.85 mark again or perhaps rm2.. It is a matter of time. It may take weeks or months. But surely will go up.. Slowly but surely..
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....
gark
924 posts
Posted by gark > 2012-08-30 14:40 | Report Abuse
Here i write it for you...
"Cypark could rebound after a firmer close yesterday. A position can be initiated on a close above yesterday's high of RM1.72, with a close below last week's low of RM1.66 as a stop-loss. The price target is RM1.80. Failure to break higher should see the stock trend lower. Further supports are at RM1.55 and RM1.50."
The 1.55 is referring to SUPPORTS in TA and not price target. Pengsan...