Tuesday, 9 September 2014

Stock to Watch - PRESTAR

PRESTAR (9873)

PRESTAR found its support at 0.585 and show sign of rebound from there. The reason of rebound was interesting as in the annoucement made on 8 September. Directors have been acquiring on RM0.586 and RM0.59 as shown in the photo attached. From technical wise, the indicators show positive sign and possible reversal signal.
Traders should watch 0.68 as first profit taking level and the next level to watch is 0.71. Watch 0.585 as stop loss level.

First target price = RM0.68 (+10.7%)
Second target price = RM0.71 (+16.3%)
Stop loss = RM0.585 (-4%)




Sunday, 31 August 2014

Stocks to Watch 1 - 5 September




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Sunday, 24 August 2014

Stocks to Watch 25 - 29 Aug




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Tuesday, 19 August 2014

Stock to Watch - IREKA & IREKA-WB



IREKA & IREKA-WB

http://sheng-equitiesmalaysia.blogspot.com/2014/08/stock-to-watch-ireka-and-ireka-wb.html

They were mentioned on 5 August when they were traded RM 0.68 and RM0.285. Please click the link above to read previous post. 
Currently the price is trading at RM0.695 and RM0.32 which both of them have hit target price and retraced.

Both of them were retraced with such a low volume and currently supported at the RM0.695 and RM0.32. 

Will another wave bring it to another high to close the gap by right issue? Lets watch if any chances of bull run again.

IREKA 
Stop loss = RM0.665 (-4.3%)
First target Price = RM0.73 (+5%)
Second target Price = RM0.80 (+15.8%)

IREKA-WB
Stop loss = RM0.295 (-7.4%)
First target price = RM0.35 (+9.4%)
Second price target = RM0.40 (+25%)