Suria Capital Holdings (SURIA MK) Technical BUY with +17.0% potential return Last price : RM2.36 Target Price : RM2.77 Support : RM2.23 Stop-loss: RM2.20 BUY with a target price of RM2.77 with a stop loss below RM2.20. SURIA’s share price made a steep correction from the high of RM2.77 on 4 Dec 13 to the low of RM2.23 yesterday before recovering strongly. The rebound has formed a bullish reversal pattern of “engulfing” which coincides with a rebound from Span B or lower band of Ichimoku “cloud” as well as 50.0% Fibonacci retracement level. On the back of a bullish crossover in Stochastic, we expect the positive momentum to drive the share price higher and potentially retest the previous high of RM2.77 in the medium term.
its a good counter for long term investment, from what my friend told me, as im not so into fa but more to ta, however ill collect more @ support lvl..
yea lo... ini macam baru syok ma.. ppl all sell in fear at lower prices, u buy in , intraday also can make money liow... thats why i tanya manyak orang sell ke today, that caused suria to jalan as what i mentioned above? when ppl sell baru dia mahu jalan.. :P
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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....
Iching88
537 posts
Posted by Iching88 > 2014-01-01 09:56 | Report Abuse
defensive counter for 2014