Monday, 26 November 2012

Buy Salcon 20,000 at RM0.46

Stock Name : Salcon (8567)
Date Of Purchase : 22 Nov 2012
Purchased Price : RM 0.46
Quantity : 20,000
Reason To Buy :
1. MACD Divergent With The Price : There is a divergent between MACD and the price. The low of MACD is heading higher despite the price has been lower.
2. GPMMA is bullish now
3. Quarterly result play potential. We have two months (Oct 2012 & Nov 2012) to wait and see it there is 'good' news. The Sept 2012 Quarterly result will have to be out by Nov 2012)

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