Monday, February 13, 2012

Kurasia has a bullish breakout

Kurasia has broken above its triangle (XYZ) at RM0.61 this morning. The target for the present move is RM0.70. Based on technical consideration, Kurasia could be a trading BUY.


Chart: Kurasia's daily chart as at February 13, 2012 (Source: Quickcharts)

8 comments:

cheer said...

Hi Alex

I come across this term VSA (Volume Spread Analysis). What is the difination of VSA n how to choose a stock by using the VSA?
Kindly asist.

TQ

b said...

Dear Alex,

could you comment on 3A. Seems to be picking up steam since end of last year.

luckystock2 said...

Hi Alex,
Any comment on Keuro's technical outlook?
Tx!

Alex Lu said...

Hi b

The downtrend line resistance for 3A is at RM1.45. Watch out for that.

Alex Lu said...

Hi luckystock2

The rally in Keuro seems to have run out of steam. As long as the stock stays above RM1.20-1.25, its uptrend is still intact.

Alex Lu said...

Hi cheer

Sorry, I am not familiar with VSA.

ryan said...

alex,

what do we expect from PNB if MNRB is on sale?

1 Malaysia said...

Hi Alex,

What is the fair value for Bonia and DKSH