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7:04 AM
Joehari Matt
In line with my slightly short-term bullish view on the overall market (read my latest KLSE outlook at http://bursa-malaysia.blogspot.com ) maybe I can start looking at some of the stocks in my watch list. I will say UEMLAND already out of the zig zag period (could be corrective wave 4 already over and wave 5 in the making OR a,b,c,d,e waves over and wave 1 of a new wave sequence begin).
Not much to say because my opinion is much on technical and chart.
I expect it will go higher than RM2.01 but the target will be RM2.00. Not much of volume but I think the zig zag period (a,b,c,d) already shaken off the bears. Slow up swing expected.
Close price 1.65.
Fundamental info at http://ueml.listedcompany.com/
UEMLAND daily chart: click for larger view
Update : 12th October 09 sold 1.73 . Expecting overall market will be bad in the coming weeks.
In line with my slightly short-term bullish view on the overall market (read my latest KLSE outlook at http://bursa-malaysia.blogspot.com ) maybe I can start looking at some of the stocks in my watch list. I will say UEMLAND already out of the zig zag period (could be corrective wave 4 already over and wave 5 in the making OR a,b,c,d,e waves over and wave 1 of a new wave sequence begin).
Not much to say because my opinion is much on technical and chart.
I expect it will go higher than RM2.01 but the target will be RM2.00. Not much of volume but I think the zig zag period (a,b,c,d) already shaken off the bears. Slow up swing expected.
Close price 1.65.
Fundamental info at http://ueml.listedcompany.com/
UEMLAND daily chart: click for larger view
Update : 12th October 09 sold 1.73 . Expecting overall market will be bad in the coming weeks.
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