Tuesday, April 05, 2011

MPHB may continue with its prior uptrend

MPHB broke above its medium-term downtrend line at RM2.69-2.70 this morning. With this breakout, MPHB could potentially touch the psychological level of RM3.00. As such, it could be a good trading BUY.


Chart: MPHB's daily chart as at April 5, 2011_11.00am (Source: Quickcharts)

You may try the SWs (see the table below) to get a bigger bang for your buck. As you are well be aware, SWs are leverage instruments that will give an outsize return if the trade goes your way. If not, it will give you an outsize loss. My preference is for MPHB-JA, which is trading at a premium of less than 1%. MPHB-CC is trading at a discount but it would not be a good choice as it is expiring on April 15.


Table: MPHB's SWs' terms & valuation
at

2 comments:

  1. IvanTuesday, April 05, 2011 6:16:00 PM

    perhaps mphb was raise due gambling M&A intake. olympia vs genm ..

    agreed that mphb-ja offer the best (base on premium calc) among the other strucutre product. But sometime, investor like to goreng goreng thus low price cw .. thus the other cw may rise faster than mphb-ja (ROI mphb-ja may lower than other mphb-cw)

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  2. cheerTuesday, April 05, 2011 8:47:00 PM

    HI Alex

    Genm should keep or to sell at this price n uncertainty market?

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