BUY on breakout with a target price of RM0.695 and stop-loss at RM0.345. Based on the daily chart, DATA formed series of higher highs and higher lows toward the breakout level of RM0.46. Backed by surging trading volume and positive momentum, there should be an upward follow-through from here onwards. Furthermore, an uptick in RSI and bullish crossover in DMI and MACD imply a stronger upward move ahead. We peg our targets at RM0.61 and RM0.695 in the near to medium term.
Expected Timeframe: 2 weeks to 2 months
Source: UOB Kay Hian Research - 14 Sept 2017
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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....
Moneyfoo
476 posts
Posted by Moneyfoo > 2017-08-03 11:46 | Report Abuse
Bleuerouge : ini kali lah :)