Stock to Watch - NIHSIN NIHSIN (one of the favourite stock which we spotted earlier before the first rally http://klse.i3investor.com/blogs/lovestockry/59720.jsp ) Price was rallied and went into correction after the bonus issue on February and was standing above RM0.30 which is a critical support for more than one week and the price was well supported. Buying interest can be seen on today which it shows buyer might in control and possible breakout from the consolidation zone soon. Indicators: Golden cross can be expected if price break through RM0.32 in the following trading days which is a good sign as a new trend might get started. Stochastic is staying in the oversold zone for weeks and currently waiting for any buying interest to bring it up. Traders can set their cut loss point at 0.295 TP 1 : 0.345 TP 2 : 0.38 Any investment decisions carried out based on information, analysis, or commentary provided here is solely your responsibility. You should consult your investment advisor before making any investment decisions.
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....
jl88
1,446 posts
Posted by jl88 > 2015-03-10 15:05 | Report Abuse
great! hope more volume to bring it up..