Stocks With Momentum MAA, Borneo Oil, PWF, Tadmax, A-Rank, Minho
Page 1 of 1
Stocks With Momentum MAA, Borneo Oil, PWF, Tadmax, A-Rank, Minho
- Stocks With Momentum
[size=28]MAA, Borneo Oil, PWF, Tadmax, A-Rank, Minho
By Meena Lakshana / theedgemarkets.com | July 5, 2016 : 1:09 PM MYTKUALA LUMPUR (July 5): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia's afternoon market close today. Three stocks displayed positive momentum while three showed negative momentum.
Stocks with positive momentum were:
MAA Group Bhd — up four sen at RM1.24
Borneo Oil Bhd — up one sen at 17 sen
PWF Consolidated Bhd — up one sen at RM1.58
Stocks with negative momentum were:
Tadmax Resources Bhd — up 3.5 sen at 45 sen
A-Rank Bhd — unchanged at 85.5 sen
Minho (M) Bhd — down two sen at RM1.50
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.
However, each stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks, if they want to ride the momentum.
[/size]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My 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
Similar topics
» Stocks With Momentum Mexter, Mitrajaya, Minho, Tadmax, OKA, LB, LPI, Tiong Nam, Daibochi
» Stocks With Momentum Kretam, Technodex, A-Rank, Menang, Advance Packaging, Minho, TMC Life, LB Aluminium, Classic Scenic, Tropicana
» Stocks With Momentum: Minho
» Stocks With Momentum 3-A, M3 Technologies, Versatile, A-Rank
» Stocks With Momentum Mexter, A-Rank, Omesti
» Stocks With Momentum Kretam, Technodex, A-Rank, Menang, Advance Packaging, Minho, TMC Life, LB Aluminium, Classic Scenic, Tropicana
» Stocks With Momentum: Minho
» Stocks With Momentum 3-A, M3 Technologies, Versatile, A-Rank
» Stocks With Momentum Mexter, A-Rank, Omesti
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|