Astino (ASTI MK) Technical BUY with +26.3% potential return Last price : RM1.37 Target Price : RM1.50, RM1.73 Support : RM1.29 Stop-loss: RM1.25 BUY with a target price of RM1.73 with a stop loss below RM1.25. ASTI’s share price was unable to surpass the RM1.29 barrier despite numerous attempts in the last 6 months. However, the share price made a breakout above the barrier on a higher trading volume last Friday but did not continue to climb higher following profit-taking activity in the last three days. The dwindling trading volume suggests selling pressure from profit-taking activity has eased, thus yesterday’s 6-sen gain is likely to kick-start a new up-leg. Backed by surging momentum and a positive development in MACD, we expect the share price to nudge higher toward the psychological resistance of RM1.50 in the near term which, if breached, would pave the way toward 1.38x projection of RM1.73 in the medium term.
Dear Malaysia traders and investors, Im an University undergraduate and would like to ask for your help for spending 5-10 mins to fill up my final year dissertation survey related to social media and financial decision making.
In return, you would get two ebooks on "high probability trading" and " The intelligent investor" plus one bonus audio version of "The intelligent investor" at the end of survey session with an attached dropbox link. Hope you guys benefit from the knowledge sharing.
I greatly appreciate it. *This survey is not meant for any commercial or market research but only for educational purpose and academic research only.
Post Crisis 1) Stock keeping has been climbing from past 5 years from in year 2009 RM48mil to RM162Mil in year 2013. 2) Debtors has climbed as well in the same period from RM53mil to RM93mil in the same period. 3) Short term loan has climbed from RM18mil in year 2009 to Rm121mil in year 2013.
Post and Pre Crisis Profit as at this year will be more or less maintained at pre-crisis level of RM26mil.
1.if you have fear and greed. Must know ya. 2.If you have Doubt please check it out. 3.If you think it is Not safe, you could be Right. 4.Be more confident when you are right. Also know that when you are Wrong. 5. It is alright if you keep missing the Boat; Our bank account is safe that is more important;
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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....
madtrader
98 posts
Posted by madtrader > 2013-04-15 12:18 | Report Abuse
Why this counter so quiet