Spritzer (SPZ MK) Technical BUY with +16.6% potential return Last price : RM1.93 Target Price : RM2.13, RM2.25 Support : RM1.80 Stop-loss: RM1.79 BUY with a target price of RM2.25 with stop loss placed at below RM1.79. SPZ hit a new high at RM2.13 before retracing and consolidating in the “flag” pattern over the last 10 weeks. However, yesterday’s breakout on the back of a higher trading volume of 0.3m shares (vs 20-day average of 0.05m) signals the end of the current consolidation and could kick-start a new up-leg. Additionally, positive readings in both RSI and MACD indicate improving momentum, along with the positive closing above both the 10-day and 21-day SMA lines. These should, In our view, push the share price higher. We peg our medium-term upside target at the 1.38x Fibonacci extension level of RM2.25 with the expectation that SPZ would breeze through the recent high of RM2.13.
hi doodles ... mean if morning gap up kuat kuat then new comer chase and old share holder may take profit kikikii la , but open red .. and juga many that believe in sell on news 1 ma lock in profit lo ... it turn out sell on news din work in this counter la ... cuaca panas ma ...hahhahahaa ... still can , 2 cents rasa
I could feel how excited you are currently....... Me dumb dumb burger la.... and do not positive towards Malaysia's market and Malaysia does not carries "emerging" title anymore.......
u can read the UN WTO list ma......
how ur CNY atmosphere at Iskandar? Make sure you guys dun over fire working ar...........
First Minister hantam ORANG CINA tak nak turun harga Second Anak anak pemuda MCA and DAP pi lawan balik panggil dia minta maaf Third Anak anak UMNO form coalition to "support" Minister's Statement Fourth MYS Chines Chamber of commence Pres Datuk Lim "comment" Minister should not do that Fifth UMNO ambil orang kuat cyber lawan balik Datuk Lim punya spritzer
macam macam UMNO lawan SUPERMAX boss lo... really beh suak beh suak
Because Spritzer is moving so so slow........I am thinking of selling in favour of other stocks that are currently still cheap. But I might just wait for next Q report before deciding....
Worth to have a closed eye on spritzer's moher company YEE LEE. Red bull contributed about 200mil revenue to f&nn last time. Taking profit margin of 7.5%, it will increase yeelee's earning by 8.2 cents. Current earning 12.6cents + 8.2cents=20.8cents. Taking PE ratio of 15, it should worth around rm3.00. To be more conservative, it should worth at least rm2.50.
Hi, HK wong, can let us know where you get tht info...can show? thank you very much Hk Wong: Spritzer is indeed very honoured to be affirmed by the US Army of the high quality and safety of her natural mineral water 04/11/2015 11:30
Hi, Shinado... i support you & agree with your views,,,,wait QR....shld be Good > 8m.. hopefully. consider production cost of bottles reduce and revenue increase..
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2909 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
johnny cash
6,400 posts
Posted by johnny cash > 2014-06-18 09:45 | Report Abuse
Spritzer (SPZ MK)
Technical BUY with +16.6% potential return
Last price : RM1.93
Target Price : RM2.13, RM2.25
Support : RM1.80
Stop-loss: RM1.79
BUY with a target price of RM2.25 with stop
loss placed at below RM1.79. SPZ hit a new
high at RM2.13 before retracing and
consolidating in the “flag” pattern over the last
10 weeks. However, yesterday’s breakout on
the back of a higher trading volume of 0.3m
shares (vs 20-day average of 0.05m) signals
the end of the current consolidation and could
kick-start a new up-leg. Additionally, positive
readings in both RSI and MACD indicate
improving momentum, along with the positive
closing above both the 10-day and 21-day
SMA lines. These should, In our view, push the
share price higher. We peg our medium-term
upside target at the 1.38x Fibonacci extension
level of RM2.25 with the expectation that SPZ
would breeze through the recent high of
RM2.13.