Stock To Watch On 6/11/2015: HUPSENG (5024)

HUPSENG (5024) tested the resistance of MYR1.30 on 5/11 but failed to closed above this level, instead closed nicely @ that level during the session ended. However, yesterday traded volume is relatively much higher than other days did and HUPSENG still traded in uptrend and well supported by MA50 & MA100.

                                                                  HUPSENG Daily Chart

Foresee HUPSENG should trades above MYR1.30 level in the next trading days and the immediate resistance would be the historical high of MYR1.40.

Good luck & happy trading!

Disclaimer:

All posts and documents submitted in this blog are solely for open discussion and education purposes only. All recommendations and opinion provided are solely for your consideration only and you should exercise your own judgment in forming your own investment decision(s). Please also be informed that equity investment is risky and we recommend you to conduct sufficient searches for information in addition to referring our recommendations and/or opinion herein, prior to making an investment decision.

You should take full responsibility of your investment decision(s) and we accept no liability whatsoever for any direct or consequential loss arising from any use of our recommendations and/or opinion provided herein or any solicitations of an offer to buy or sell any securities. Comments and opinions forwarded/provided by members/followers of this blog do not belong to the Admin and we take no responsibility of such.