Agreed wit noob n cyc n some frenz here..As i see it overall makets internal n external for the past few days were badly affected by some unfoseen circumstances..the game is not over yet till they come out wit the takeover price..hope gud price..gud luck
Not sure what's the main take over is for and how much the independent party is offering to pay. Might be good towards a great turnover for the company.
The highest point for abric on MAY @0.44 ;JUNE @0.58 ;JULY @0.74..so we are expected it will reach the highest @0.88 in this month...anyway abric will going up further next month.
As i see it..the take over price is above 0.70..is in progress..this week maintain at 0.67-0.685..the bull is preparing to charge 0.70 barrier..price of mother n son very stable...watch patiently
The flag pattern is formed since 11 August. It is then followed by the stock consolidating where it trades in a narrow price range 0.65-0.70 and creates the bullish “flag”.we still need sometime and positive volume to break the resistance @0.70.Only after the stock breaks out of that narrow trading range, the previous uptrend continues,,,
Agreed wit cyctailor...the bull is hiding somewhere near n waiting to come out n charge 0.70 barrier..watch patiently ..it is not in a hurry..the price at 0.67 - 0.68 has been for few weeks after breaking 0.74 n drop to 0.60..short term traders seems already clear..this is only shared idea wit gud frenzs here...tq
warrant 0.445 (up 0.05), semua kena sapu. May be tomorrow gap up. It has been almost 2 months since the announcement of take over. Hope good news and at 1.30 wow! Not sure but lets wait and see.
The chart above shows this stock in an uptrend after break the resistance@0.70 with the serious volume today. Technical indicator like bullish flag, MACD& RSI never tell a lie .Overall this is The Merdeka Flag for Abric fren!
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....
kelesl
78 posts
Posted by kelesl > 2014-08-04 16:12 | Report Abuse
Today volume is even lesser