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Stocks With Momentum Len Cheong, Iskandar Waterfront, Spring Gallery, Plastrade Tech, Tatt Giap

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Stocks With Momentum Len Cheong, Iskandar Waterfront, Spring Gallery, Plastrade Tech, Tatt Giap

Post by Cals Mon 25 Apr 2016, 18:41

Stocks With Momentum

[size=28]Len Cheong, Iskandar Waterfront, Spring Gallery, Plastrade Tech, Tatt Giap

By Sangeetha Amarthalingam / theedgemarkets.com | April 25, 2016 : 1:16 PM MYT

KUALA LUMPUR (April 25): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed two with positive momentum and three with negative momentum.
The stocks with positive momentum are:
Len Cheong Holding Bhd up one sen 37 sen
Iskandar Waterfront City Bhd up 4.5 sen at 95 sen
The stocks with negative momentum are:
Spring Gallery Bhd up 27 sen at RM1.23
Plastrade Technology Bhd up half sen at 18.5 sen
Tatt Giap Bhd down one sen at 16.5 sen
The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.
This list is not a buy or sell recommendation. It merely tells you which stocks are seeing higher than normal volume and price movements. The share price may move up or down from this point. But the “+ve” (suggesting a rising price trend on volume) and “-ve” (suggesting a falling price trend on volume) indicators should give readers a better idea of what the market is buying and when to sell. Note also that momentum generally only persists for a short period of time.

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Cals: Administrator; Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : â€œMy plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

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