PWRoot broke above its triangle at RM1.03 yesterday. This morning, it broke above its recent high of RM1.08. With this double breakout, the stock is expected to continue its uptrend. Rating revised from TAKE PROFIT to trading BUY
Chart: PWRoot's daily chart as at Dec 19, 2012_3.15pm (Source: Quickcharts)
For previous report, go here.
Note:
In
addition to the disclaimer in the preamble to my blog, I hereby confirm
that I do not have any relevant interest in, or any interest in
the acquisition or disposal of, PWRoot.
2 comments:
hi Alex-I did not take profit the other day.in fact i just received the 3cents div.amounting to Rm450. my entry was at 78 cts.should i exit at 120? what is your take?
Hi Alex, please comment on the latest Haio quarterly result. Your last recommendation on this counter was to hold.
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