Wednesday, April 25, 2012

Malaysia Stock Chart - HaiO

HaiO Closed 2.18 today, it has been falling all the time for the past 2 years.  Finally, it end its downtrend, by having a higher high and a higher low recently. The Moving average is also properly aligned. Well, if you are using our simple tactic(Traffic light system) now should be a good time to enter, our stoploss is around 2.10(or when 10ma cuts below 50ma). Timeframe= 2weeks to 3month or more if trend continue. Target price 2.80 follow by 3.20. Well, this counter has very low volume, if it is not moving for the next 2week, then also get out