Bursa Alert
Global Market
NewsPentamaster likely to enjoy further relief rally, says HLIB Research
Page 1 of 1
Pentamaster likely to enjoy further relief rally, says HLIB Research
by Cals Tue 05 May 2015, 01:15
Pentamaster likely to enjoy further relief rally, says HLIB Research
KUALA LUMPUR (April 30): Pentamaster Corporation Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) is likely to enjoy further relief rally as technicals are on the mend after nosediving 22% in six days, according to Hong Leong IB Research.
In a note today, HLIB Research said Pentamaster’s management sees improving quarters ahead after a seasonally weak 1Q15.
“A breakout above 65 sen will see prices higher to retest 70 sen-74.5 sen upside targets.
“Cut loss below 55.5 sen,” it said.
KUALA LUMPUR (April 30): Pentamaster Corporation Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) is likely to enjoy further relief rally as technicals are on the mend after nosediving 22% in six days, according to Hong Leong IB Research.
In a note today, HLIB Research said Pentamaster’s management sees improving quarters ahead after a seasonally weak 1Q15.
“A breakout above 65 sen will see prices higher to retest 70 sen-74.5 sen upside targets.
“Cut loss below 55.5 sen,” it said.
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» Asia Roundup: Relief rally evaporates
» Shares extend rally on China relief, Bernanke next focus
» Global Markets Asia stocks rally on US jobs relief, BoE looms
» GLOBAL MARKETS-Euro jumps in relief rally after Greek vote
» CIMB highest since July 2011, best proxy to ride on relief rally
» Shares extend rally on China relief, Bernanke next focus
» Global Markets Asia stocks rally on US jobs relief, BoE looms
» GLOBAL MARKETS-Euro jumps in relief rally after Greek vote
» CIMB highest since July 2011, best proxy to ride on relief rally
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum