Chart 1: Tenaga's daily chart as at jun 6, 2017 9Source: Shareinvestor.com)
If you look at yesterday trading for Tenaga and the underlying CWs, you will see that the transactions were concentrated on the stock and one of the CWs, Tenaga-C35.
Table: Tenaga & its CWs transactions on Jun 6, 2017 (Source: Kenanga BTX)
If there is no news on Tenaga today that can justify the sharp spike yesterday, Tenaga and Tenaga-C35 are likely to tumble down today. You should avoid these 2 securities.
Chart 2: Tenaga-C35's daily chart as at jun 6, 2017 (Source: Shareinvestor.com)
Hi, Alex
ReplyDeleteAs written
If there is no news on Tenaga today that can justify the sharp spike yesterday, Tenaga and Tenaga-C35 are likely to tumble down today. You should avoid these 2 securities.
Is link as follows considered good news for tenaga?
https://klse.i3investor.com/blogs/sin_chew_hot_stocks/124850.jsp