Simeon3773, for Destini to trade towards your TP of 50cts, it needs to break the 40cts resistance first (which is possible). But, I am looking forward it will break 35cts coming Tuesday, provided the good volume build up resulted from rumoured contract awarded by Mindef. My opinion.
normally there have a blocking to force all seller sold out before that price ..... you can see the buy in at 12K on 0.34 means high buying in .... will shoot up more ....
Suggest to accumulate and forecast price can hike > 90 sen. Likely more good and positive news to come based on their ex-portfolio awarded packages from govt related companies.
Perhaps dispose gradually in batches such as 35 sen, 50 sen, 75 sen, etc.
Today achieve the first dream of 35 sen. Looking forward of 50 sen (OSK target)..... Then, balance of share shall be BONUS.
eg: If bought 100 lots at 25 sen. First 30% dispose at 35 sen (today), 2nd batch of 30% target to dispose at 50 sen then remaining 40% is Bonus.
pls don't b so naive that it is just that simple to drive price to 0.90 , sadly they r still individual tell u what u want to hear n then get suck up by elephant n step on it when elephant hv a good chew over u ....... got it !!! Do more hem work b4 u hop on again !!! Unlikely to go beyond 0.35 for short term , I think ......
Support level at 35 sen- my earlier 1st target clear.
Now towards 50 sen with resistant at 40 sen.....
talk2pkc- yr destini for remaining offload at 40 sen may achieve if rumour on award projects as per Little Investor's opinion on 15/9 and hope for good financial result on Nov.
Substaintiate volume push the price up to 38 sen n only last transaction before closing 550k share traded n price drop to 37.5 sen. overall still up 0.05 sen despite lowest at 36 sen yesterday.
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tcr5585
153 posts
Posted by tcr5585 > 2012-08-30 15:11 | Report Abuse
well done this stock!