Tuesday, 2 October 2007

Malaysian Merchant Marine (7040)

In my humble opining, this stock has potential to rally hard in the coming days. The technical setup is looking good. . A breakout above RM0.57 would likely send the stock higher towards the RM0.67 level next. A test of its year high at RM0.795 cannot be discounted. At RM0.795, represents a 41% upside. Cut loss at RM0.47.
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1 comment:

  1. SureWin2 October 2007 at 13:15

    MMM - mum mum mum! Sounds like yummy yummy:)

    Went in at 0.585 today, hopefully can take profit by the end of the day!

    Cheers man - Surewin.

    ReplyDelete