25th Dec 2013 - Pohuat

	Important time-tested proven market rules or tips Author: Ooi Teik Bee   |   Latest post: Tue, 24 Dec 23:42 To educate investors the correct method to invest and trade stocks globally. To educate investors to create a second income without having to quit their jobs. To educate investors to make money from stock market consistently month after month.

Pohuat - Technical Analysis

Author: Ooi Teik Bee   |   Publish date: Wed, 25 Dec 00:20 

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Dear valued members,
Disclaimer : This article is meant for educational purpose only. Buy at your own risk, Final decision is yours.

Pohuat

My trading plan

I like this stock because the price is breaking new high. Very nice up trending stock.
Major resistance  = 1.45 and 2.29
Major support = 0.99, 0.905 and 0.845
Target price = 2.29
Margin of safety = 55%
Potential gain = 122%
Cut loss at 0.83 = 19.5%
Risk reward ratio at 0.83 cut loss = 1 : 6.3
SharesXPert - Probability to win is 4 against 0 i.e. 100% chance (back testing last 3 month data)
Feng Shui element = Wood
Buy Pohuat at 1.03 (24/12/2013)
Thank you.
Ooi Teik Bee