Tuesday, September 3, 2013

Technical Rebound - PRESBHD

Presbhd (5204)


KLCI had been going south for the past 2 weeks. A hammer was formed last Wednesday, with increased volume.


Presbhd was showing the same trend as KLCI but a white candle appeared at the end of the line. I bought 27 lots at RM1.84 during closing time. The counter moved upwards the next day and I took home 5% profit before lunch time.

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