Chart 1: Talam's daily chart as at April 23, 2010_9.05am (Source: Quickcharts)
Chart 2: Talam's weekly chart as at Apr 19, 2010 (Source: Tradesignum)
Based on the technical consideration, Talam could be a trading BUY. I have not looked into the fundamental aspect of this company nor the restructuring of the company.
5 comments:
Dear Alex,
Basing on Tech analysis, Talam is a good Buy, But I have great doubt in its company fundamentals.
Thanks for your comments
Dear Alex,
I propose to trade this stock by riding its instant strong momentum, meaning a very short duration (within 30-60 minutes), holding sizeable positions and take timely profits promptly prior to its deceleration.
Thanks
Hi kyong,
Good luck to your proposed trade.
Talam will out from PN17 this year end
Dear Alex,
What's your view on Talam now that it's out of PN17? thanks.
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