Wednesday, December 19, 2012

PWRoot- could be a trading BUY

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:

charles leong said...

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?

HK Jun said...

Hi Alex, please comment on the latest Haio quarterly result. Your last recommendation on this counter was to hold.