Bursa Alert
Global Market
NewsMyEG grossly oversold, says HLIB Research
Page 1 of 1
MyEG grossly oversold, says HLIB Research
by Cals Thu 16 Apr 2015, 23:48
MyEG grossly oversold, says HLIB Research
[You must be registered and logged in to see this image.]
By theedgemarkets.com / theedgemarkets.com | April 16, 2015 : 8:43 AM MYT
KUALA LUMPUR (April 16): The shares of [size=14]My E.G. Services Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) have been grossly oversold, according to Hong Leong IB Research.
In a note today, the researcgh house said the stock was grossly oversold as substantiated by daily oscillators.
“Moreover, “Bullish Harami Cross” candlestick pattern on daily chart suggests potential reversal trajectory.
“Hence, we opine that share price is about to reverse the recent retracement.
“Upside target prices are located at RM2.70 and RM2.87, with a long-term price objective of RM3.07.
“Supports at RM2.47, RM2.43 and RM2.40,” it said.
[/size]
[You must be registered and logged in to see this image.]
By theedgemarkets.com / theedgemarkets.com | April 16, 2015 : 8:43 AM MYT
KUALA LUMPUR (April 16): The shares of [size=14]My E.G. Services Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) have been grossly oversold, according to Hong Leong IB Research.
In a note today, the researcgh house said the stock was grossly oversold as substantiated by daily oscillators.
“Moreover, “Bullish Harami Cross” candlestick pattern on daily chart suggests potential reversal trajectory.
“Hence, we opine that share price is about to reverse the recent retracement.
“Upside target prices are located at RM2.70 and RM2.87, with a long-term price objective of RM3.07.
“Supports at RM2.47, RM2.43 and RM2.40,” it said.
[/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» Globetronics grossly oversold, says HLIB Research
» GHL Systems grossly oversold, says HLIB Research
» Pasukhas extremely oversold, says HLIB Research
» Peterlabs steeply oversold, says HLIB Research
» CIMB deeply oversold, says HLIB Research
» GHL Systems grossly oversold, says HLIB Research
» Pasukhas extremely oversold, says HLIB Research
» Peterlabs steeply oversold, says HLIB Research
» CIMB deeply oversold, says HLIB Research
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|