From the trend chart record, after big volume up, coming day will drop like shit. Buyer cummulate at lower for 3 month & trap ppl in to shut up, gain 20%~25% will missing.
Bertam Alliance (BERT MK)--------------------8//04//14 Technical BUY with +22.4% potential return Last price : RM0.780 Target Price: RM0.850, RM0.955 Support : RM0.725 Stop-loss: RM0.720 BUY with a target price of RM0.955 with stop loss placed below RM0.720. BERT’s share price has retraced from the recent high of RM0.815 as the share price made a “return move” to the initial resistance of RM0.725 (now support) prior to the breakout on 26 Mar 14. The share price then rebounded off the immediate support and made a higher low. Yesterday’s positive closing on the back of a slightly higher trading volume of 1.4m shares (vs 5-day average of 1.0m) indicates renewed buying interest. Given the uptick in both RSI and +DI, we expect a stronger upward movement as the share price is backed by rising positive momentum. Additionally, the classic “1,2,3 Pattern” was formed, thus a violation of the immediate resistance of RM0.815 could spur fresh buying interest and thus catapult the share price toward our medium-term target at the 1.61x Fibonacci extension level of RM0.955.
@johnnycash, thanks for the info. Wploun still did not reply to us - so I guess we can ignore his comments and buy in, ya? Can I ask where you get your Technical infos like the one above?
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....
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Posted by 33448923 > 2014-03-19 11:23 | Report Abuse
time buy in ~~~