Chart : PDZ daily chart as of Aug 19 2014 (source: ChartNexus)
Refer to PDZ - Sky is the limit!!! , honestly, when I said absolute ride I certainly didn't expect this magnitude of the sharp spike of the shares price. It really caught me by surprise. We are talking about almost 100% increase in less than 2 weeks. Looking at the chart, it is really scaring. What's next? I have no clue. The only thing I know is that what's goes up, must come down!
Refer to Ecofirs - Break new high , after breaking new high of 32.5 sen, the stock keep trending higher steadily. Looks like there is still rooms ahead.
Refer to Is time to 'Cliq' , looks like the counter still unable to breakout its asymmetric triangle. The management hinted in recent interview that the company is zooming into 2 possible deals but nothing concrete yet. Looks like there still be a while before this counter move.
Refer to Takaso - Bullish breakout , after it broke the 30 sen horizontal resistance, the counter steadily move upwards and just shy off is next resistance at 39 sen. As always, trade with caution!
Refer to Daya - 'Reach' for rebound? , apparently the IPO of Reach Energy is not enough too bring the stock higher. This is mostly likely due to the continuous selling by one of the major shareholders. I think the stock will be difficult to move higher than its resistance at 34.5 sen probably until the selling by the major shareholder is done.
Chart : Sumatec daily chart as of Aug 19 2014 (source: ChartNexus)
Refer to Sumatec - New high and how high can it go? , after it broke the 52 sen resistance line, it keep going and broke its historical intraday high of 56.5 sen. The momentum seems really strong and there is no sign it is going to stop any moment soon. But again, is just like PDZ, it is scaring to look at the chart.
Refer to GPA & Marco - Tan Sri Robert Tan Hua Choon story may not end yet! , after broke its resistance line at 14.5 sen, GPA keep going up and close at 18 sen today. Apparently pork chop has turn into a nice steak! As for Marco, after it broke its 20 sen resistance line yesterday, it further shoot up today to closed at 23.5 sen. Well, certainly you can't undermine any of the Robert Tan's counters at the moment.
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