Success is not only looking good on the charts, it is also a pretty good fundamental stock. It is now trading at a P/E of 8.4x according to Bloomberg. Chartwise, it could reach RM1.10 next, should it break its all time high of RM0.92.
As for Pilecon, it looks interesting technically. Today is the 1st day where volume picked up, so i believe that there should be more days of upside to come. Could hit as high as RM0.48 if the volume continues to pile in.
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went in KHSB just now. wat do you think of this counter, shooting star?
Becareful... Like i said earlier, I would not be too bullish in this market right now. Remember after CNY? Volume picked up for 1 week then the market crashed and this appears to be happenning again. Will it repeat, I cannot confirm right now but it looks mighty similar.
I have also just re-examined the Dow charts and its looks very similar leading up to the 1987's Black Monday. Buyers beware!!
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