Hot Stock Seremban Engineering gains 3.33% in early trade
Page 1 of 1
Hot Stock Seremban Engineering gains 3.33% in early trade
- Hot Stock
[size=28]Seremban Engineering gains 3.33% in early trade
By Surin Murugiah / theedgemarkets.com | December 2, 2015 : 9:52 AM MYTKUALA LUMPUR (Dec 2): Seremban Engineering Bhd (SEB) ([You must be registered and logged in to see this image.] Valuation: 0.90, Fundamental: 0.15) shares rose 3.33% in early trade today after Hong Leong IB Research recommended the stock today amid what it said were early signs of bottoming up following hammer candlestick formation and uptick in indicators.
At 9.30am, SEB gained 1.5 sen with 144,400 shares done.
In a note today, the research house said a decisive breakout above 47 sen will spur prices higher towards 50 sen-55 sen zones.
“Cut loss at 40 sen.
“Good risk to reward ratio with 24.4% upside to 56 sen against 11.1% downside to cut loss at 40 sen,” 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
» Hot Stock Seremban Engineering jumps 15% after CEO resigns
» Hot Stock Seremban Engineering's stock rallies by almost 37%
» Censof, Time Engineering slip in early trade
» AirAsia extends gains in early trade
» KL shares wring gains in early trade
» Hot Stock Seremban Engineering's stock rallies by almost 37%
» Censof, Time Engineering slip in early trade
» AirAsia extends gains in early trade
» KL shares wring gains in early trade
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum