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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.
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.
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.
15 comments:
pjdev can enter now ?
pjdev can enter now ?
Hi Chong,
Yes, PJDev could be a trading BUY based on this bullish breakout.
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
hello alex,
can u check on luxchem whether it still worth to keep as tis stock already break it's defend point 1.22?
Hello alex
Great tips,million thanks.
Any idea KPJ ?
Hello mr. Alex,
Do you know Nylex (4944)?
Any comment on this stock? as i entered @ 0.82
Uptrend bcoz they want to list their cable company. PJD
HI Alex. How u think Axiata can buy after break 3.18 ?
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.
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.
Hi Chong,
I think I had replied to you...
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.
Hi wong,
I think Axiata may have had a bullish breakout at 3.18 today (Jan 18)? It could be a trading BUY.
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