Stocks With Momentum Litrak, Luxchem

by **Cals** Fri 14 Aug 2015, 18:51

Stocks With Momentum
Litrak, Luxchem

KUALA LUMPUR (Aug 14): theedgemarkets.com has highlighted two stocks with momentum at afternoon market close today.

Lingkaran Trans Kota Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) showed a positive momentum while Luxchem Corporation Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) showed a negative momentum.

Lingkaran Trans Kota Holdings Bhd (fundamental: 2; valuation: 1.5) gained 11 sen or 2.37% at RM4.75 with 702,700 shares traded.

Luxchem Corporation Bhd (fundamental: 1.7; valuation: 2.4) gained six sen or 5% to settle at RM1.26 with some 3.92 million shares changed hands.

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.

[size=12](Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)[/size]