Disclaimer

Disclaimer - I'm too dumb to be an expert thus all the contents of this blog are just my random thoughts and may be incomplete or contain any informational errors. It is certainly not recommendation to buy or sell. You'll be responsible for your own decision. Please consult your investment consultants before making any investment decision. Also the author may or may not have position in the counters that mentioned in this blog.

Saturday, 9 August 2014

PetGas - End of 3 years party?


Chart : Petgas daily chart as of August 8 2014 (source: ChartNexus)

Petgas share price has enjoy 3 years of good run from around RM 9.50 to RM 25 but the good run may have comes to an end on August 8 2014. The share price fall RM 1.12 or 5.05% to close at RM 21.08. The fall not only broke its uptrend support line but also the immediate horizontal support line around RM 21.40. Is time to take profit and Ciao!
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