Tuesday, February 21, 2012

A review of Glomac(5020) and other stocks

Glomac(5020) closed at 0.865 which is the high of the day. There were 496,000 shares changed hand. We have seen two white candle for this stock. We are more hopeful because the uptrend should continue.

Redtone(0032) closed at 0.285 which is the low of the day.  There were 2 million shares transacted.  There is still a chance that the stock may stage a rebound soon because of the expectation of the market. The low of 0.28 was achieved on Feb 14 and 0.285 is not the recent low. Therefore, there is still a small room for optimism. On Jan 25, when the price reached 0.30, the stock rebounded. Therefor if we hope for the same history to repeat itself, it is just reasonable.

 Canone(5105) reached tghe low of 1.64 and closed higher at 1.66. On Jan 11, this stock rebounded at 1.65.  Therefore, we expect the stock should stage a better performance soon.

3A(0012) closed at 1.28 and the low of the day is 1.27.  It has broken the previous low set on Feb 2, which is 1.29.

If there is strong support at 1.27 coupled with stronger buying interest, there is a possibility that this stock may make a come back soon.

Tgoff(7228) closed at 0.96 at the day low. There were 973,900 shares changed hand. Is the stock going for a reversal soon?

YTLLand(2577) closed at 1.14 at its day low. This is the same price as of Feb 20's closing price. There were 686,300 shares changed hand for today(Feb 20,2012) The low of 1.14 was achieved on Jan 31, 2012 and after that the stock staged a strong rebound. Is it going to be the same story this time?

Cepat(8982) closed at 1.20, 1 cent higher for Feb 21, 2012. The stock should perform better in the coming days ahead.

Kurasia(5097) closed at 0.60.  It seems that the investors for this stock are still accumulating and may just shoot up any time.

Fitter(9318)closed at 0.86, up 2 cents, which is the high of the day. We think the stock should continue its uptrend in the coming days.

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