Stock Movement

It is a hope for this stock to go up by the end of this year. This is because of this stock is expected to be lifted from PN17 status. So, I will follow this stock closely and put a hope that I can make money from it.

Will it break new high today. If yes, then I can get more profit. It just started to move and if it is a genuine movement, it will another 3 days. If not, then quickly sell.

We seldom see a gap. It was happened on this stock after reported profit on its financial result. May be, it is good for the stock price go up, but it is depend on the volume.

Our market now is resting. Most stocks do not perform yet. The volume is low. For those who have Uemland, please take profit. May be, it will go back to RM1.4 or RM1.30 in the next few month.

It is at a strong support and waiting to bounce. Hopefully, this will happen next week. I see the EPF is buying and sometimes selling. The price is very volatile. Do not miss it.

I think it still not too late to get this stock. MACD shows sideways but RSI is not in the overbought territory. Strong support level could be at RM0.98. Currently it shows an uptrend channel and it is safe to buy this stock. Target probably at RM1.25 or RM1.30.

This is a safe bed. If you want to keep money, keep it in this stock. When it goes to R1.50 , take some money and take more if it goes to RM1.70. This is because of this stock is believed to be in talks with Volkswagen AG to carry out the assembly of CKD (completely knocked down) VW models at its plant in Pekan, Pahang. And also the DRBHICOM has submitted a proposal to construct a double track railway line from Gemas to Johor Baru spanning 250km. Other is DRB-HICOM BHD registered a higher revenue of RM6.10 billion for the financial year ended March 31, 2009 as compared to RM4.01 billion previously. The company recorded higher pre-tax profit of RM774.94 million from RM376.07 million previously.