STOCK WATCH
16th June 05
With a request from a client looking for:
Stock or warrant with the criteria:
1. Really cheap to their history.
2. Cheap - below RM1.00 or much prefer below RM0.50
3. Potential of reward - higher than 10%
4. Potentian gain within short-term horizon 5-15 days
I said "You need somebody that receive to tomorrow's newspaper today".
Anyway, I did try. (don't forget to read disclaimer below, yes the small print)
Below are the few. There many other stocks that are on bullish mode, here are just the ones based on the above criteria.
Basis : Purely technical based (price and volume action) and nothing fundamental or financial based.
Some of these counter have a few updays recently - care have been taken to let some profit-taking or the forced-selling/margin call day.
To fine tune timing, final confirmation on the actual buy day is needed.
Short to medium term potential price target/resistance (in stages) are plotted in multiple purple line (Fibonacci basis)
Find previous days low as the support level for stop-loss level.
Below are: (scroll down for the chart)
1. GPERAK
2. NGIUKEE-WA
3. KFC-WA
4. SAAG-WA
5. SERSOL
6. HIL-WA
NOTE: The stock pick here will be invalid within just a few days (because of short-term volatility)
WARNING: Highly speculative!
..and don't forget to read the disclaimer at the bottom, yes, the small print.
For the counter's news, financial data, historical price, etc just to http://biz.thestar.com.my and enter the stock code in the search box (at the top)
below: GPERAK
Below : Ngiukee-WA
below: KFC-WA
below: SAAG-WA
below: SERSOL
below: HIL-WA
