Technical | Fundamental Analysis Discussion Stocks Listed In Bursa

Tuesday, July 13, 2010

Charts Hint TimedotCom May Rebound To MYR0.60-RHB


STOCK CALL: TimedotCom (5031.KU) down 1.0% at 50.5 sen but RHB Research says stock's momentum indicators still upbeat, near-term retreat considered "healthy" as long as key support at MYR0.47 remains intact. "When buying momentum resumes after the pullback, the stock may resume its rally and re-challenge the MYR0.54 technical hurdle again," RHB says. Reckons successful breach of MYR0.54 would spur further gains in stock, targeting MYR0.60, then MYR0.705.


If you like the post, please subscribe to Bursa Chat. We will send you the latest post by Email===> Click Subscribe to Bursa Chat by Email BACK TO CHAT BOX

No comments: