Monday, September 13, 2010

KLSE: Topglov (7113)


The reversal can be seen on 09/09/2010. Today (13/09/2010), the stock shot up for 32

cents
with a super high volume and break above the downtrend line. Besides, the candle also

rebounds back to the 200 Moving Average line above. The blue line in MACD indicator also

crossing up the red line. With all these, it shows a good sign and buy in signal. However,

TA research warned
that this stock might have a little poor fundamental result for 3Q. They l

lowered their target price from 7.50 to 6.50. So for those who buy this stock should be very

careful and cautious on its volatile moving
. Sorry for not giving the link of the research report

because it could only be read by clients of TA berhad.

No comments:

Post a Comment