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Sarawak stocks due for a correction?
by hlk Wed 22 May 2013, 11:22
Yesterday, I posited that property stocks may have overshot and are thus
ready for a bit of correction. The other group of stocks that has done
very well is the Sarawak stocks, whether Oil & Gas stocks or not.
There are tentative signs that these stocks may have reached a temporary
top. I have listed 3 of them below.
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Chart 1: CMSB's daily chart as at May 22, 2013_9.30am (Source: quickcharts)
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Chart 2: Deleum's daily chart as at May 22, 2013_9.30am (Source: quickcharts)
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Chart 3: Dayang's daily chart as at May 22, 2013_9.30am (Source: quickcharts)
Note:
In
addition to the disclaimer in the preamble to my blog, I hereby
confirm that I do not have any relevant interest in, or any interest in
the acquisition or disposal of, CMSB, Deleum & Dayang.
Author: Alex Lu
ready for a bit of correction. The other group of stocks that has done
very well is the Sarawak stocks, whether Oil & Gas stocks or not.
There are tentative signs that these stocks may have reached a temporary
top. I have listed 3 of them below.
[You must be registered and logged in to see this image.]
Chart 1: CMSB's daily chart as at May 22, 2013_9.30am (Source: quickcharts)
[You must be registered and logged in to see this image.]
Chart 2: Deleum's daily chart as at May 22, 2013_9.30am (Source: quickcharts)
[You must be registered and logged in to see this image.]
Chart 3: Dayang's daily chart as at May 22, 2013_9.30am (Source: quickcharts)
Note:
In
addition to the disclaimer in the preamble to my blog, I hereby
confirm that I do not have any relevant interest in, or any interest in
the acquisition or disposal of, CMSB, Deleum & Dayang.
Author: Alex Lu
hlk- Moderator
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Join date : 2009-11-14
Location : Malaysia
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