I notice Oldtown is on a down trend for mid-term. I would not suggest to buy Oldtown for this moment until a breakout from this down trend tunnel happens which is when the price stand above 2.680.
Oldtown's PE is above 20 which is relatively high for me. You may Hold for this stock if you are a long term investor as Oldtown is expanding their business oversea aggressively.
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Labels:
Analytic Center,
Oldtown
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As you can see, Airasia looks like riding on an uptrend line or a tunnel. It has been touching the line for 3 times and it did rebound. Today is the 4th time, i guess it will rebound too. and the down trend volume for the pass 4 days is relatively low and thus a shoot up soon is possible.
Furthermore , Airasia announced that they've received the GRANT OF INITIAL NO OBJECTION CERTIFICATE TO AIRASIA (INDIA) PVT LT which i believe is somehow a positive catalyst to move up the price.
Risk : If the Ringgit continues depreciating , it will hurt Airasia T.T
As you can see, Airasia looks like riding on an uptrend line or a tunnel. It has been touching the line for 3 times and it did rebound. Today is the 4th time, i guess it will rebound too. and the down trend volume for the pass 4 days is relatively low and thus a shoot up soon is possible.
Furthermore , Airasia announced that they've received the GRANT OF INITIAL NO OBJECTION CERTIFICATE TO AIRASIA (INDIA) PVT LT which i believe is somehow a positive catalyst to move up the price.
Risk : If the Ringgit continues depreciating , it will hurt Airasia T.T
Labels:
Airasia,
Analytic Center
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Strong support line at 2.680. Both RSI And Stochastic also showing oversold.
Coupled with yesterday's quarterly report showing profit has increased 9%. I believe it's a good buy for Dialog now!.
Strong support line at 2.680. Both RSI And Stochastic also showing oversold.
Coupled with yesterday's quarterly report showing profit has increased 9%. I believe it's a good buy for Dialog now!.
Labels:
Analytic Center,
Dialog
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In addition, i did a weekly chart analysis for Inari a couple days ago and spotted a hammer which also indicates a bullish is coming. The article can be found here :
http://moneynology.blogspot.com/2013/08/inari-amertron-technical-analysis-13.html
Very beautiful uptrend support line for Inari. A good growth company share price should grow following an uptrend support line. and this is it!! Couple with a near oversold signal by stochastic , i believe Inari will not go below 0.850 , if it was broken, it should rebound quickly.
In addition, i did a weekly chart analysis for Inari a couple days ago and spotted a hammer which also indicates a bullish is coming. The article can be found here :
http://moneynology.blogspot.com/2013/08/inari-amertron-technical-analysis-13.html
Labels:
Analytic Center,
Inari
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Hammer spotted! This indicates that the bulls are strengthening . This week gonna be a bullish week if no bad market sentiment..
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Analytic Center,
Inari
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Inari's uptrend still Intact. In fact , it shows a very good buying signal. Next monday and tuesday should be shooting up. Inari-wa showed a Doji which increase the probability of shooting up tomorrow.
Labels:
Analytic Center,
Inari
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