Friday, January 15, 2010

PJDev's uptrend continues...

PJDev has just broken above its horizontal resistance at RM0.82-83. Its immediate resistance is RM0.95-1.00.


Chart: PJDev's daily chart as at Jan 15, 2010_9.45am (Source: Quickcharts)

With this bullish breakout, PJDev could be a trading BUY.

15 comments:

Unknown said...

pjdev can enter now ?

Unknown said...

pjdev can enter now ?

Alex Lu said...

Hi Chong,

Yes, PJDev could be a trading BUY based on this bullish breakout.

james said...

Hello Alex,

Good day to you. I noticed GUH is nearing its 10 year high. What are its targets if it maintains above the close?

Thanks and regards,
James

stephenchai said...

hello alex,

can u check on luxchem whether it still worth to keep as tis stock already break it's defend point 1.22?

JOY said...

Hello alex

Great tips,million thanks.

cheer said...

Any idea KPJ ?

Unknown said...

Hello mr. Alex,

Do you know Nylex (4944)?
Any comment on this stock? as i entered @ 0.82

Investment Record said...

Uptrend bcoz they want to list their cable company. PJD

Anonymous said...

HI Alex. How u think Axiata can buy after break 3.18 ?

Alex Lu said...

Hi James,

GUH's immediate horizontal resistance is at RM1.15 (the high in 2002). The next resistance would be at RM1.50 & then RM2.00.

Alex Lu said...

Hi stephenchai,

I see support for Luxchem at RM1.00-1.10. It is presently consolidating after a strong rally where it gained about 30%. To give back some gain in a consolidation is fairly normal. Your fear should be that it breaks below RM1.00.

Alex Lu said...

Hi Chong,

I think I had replied to you...

Alex Lu said...

Hi Cheers,

KPJ has gone up quite a lot. At this level, I would give it a miss. The share had a fantastic run & has just completed a 1-for-2 share split; a 1-for-4 bonus issue (after the share split); and, free warrant on the basis of 1-for-4 shares owned (after the share split & the bonus issue).

After so much goodies, I think this stock will hibernate for a long while.

Alex Lu said...

Hi wong,

I think Axiata may have had a bullish breakout at 3.18 today (Jan 18)? It could be a trading BUY.