Barakah - Technical Analysis
Author: Ooi Teik Bee | Publish date: Sat, 21 Dec 01:41
Dear valued members,
Disclaimer :
This article is solely for educational purpose only, it is not a recommendation to buy. Please buy at your own risk.
| Barakah | |||||||||
| My trading plan | |||||||||
| I like the technical chart of this stock because it is the up trend stock. | |||||||||
| Major resistance is 1.69 | |||||||||
| Major support is 1.45 and 1.23. | |||||||||
| Target price = 2.88. | |||||||||
| Margin of safety = 49% | |||||||||
| Potential profit gain = 96% | |||||||||
| Cut loss at 1.20 = 18% | |||||||||
| Risk reward ratio at 1.20 cut loss = 1 : 5.2. | |||||||||
| Feng Shui element = Water | |||||||||
| Buy Barakah at 1.47 (20/12/2013). | |||||||||
| Thank you. | |||||||||
| Ooi Teik Bee | |||||||||
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