Hi-P

Update for Hi-P 26 April 2014 - Hi-P will need to cross over 59.5 cents with good volume in order to continue this uptrend. Failing which may hover between 55 to 58.5 cents.( trade base on your own decision)

Update for Hi-P 12 April 2014 - Hi-P seems to be attracted with some buying interest on last Friday 11 April 2014 after the announcement of the dividend of 0.6 cents was passed and also the 1st quarter 2014 result will be announce on 6 May 2014. Short term more likely to test 59 cents. Breaking out of 59 cents with good volume that may drive the share prices higher towards 61 cents then 65 cents.(trade base on your own decision)

Update for Hi-P 7 April 2014 - Hi-P seems to be in oversold position as reflected from TA point of view. Both MACD & RSI are showing sign of turning upwards which is rather positive. Short term it may go up to test 59 cents soon. NAV of 77 cents seem rather undervalue. Long term TP of 70 cents.(trade base on your own decision)

Update for Hi-P 13th Mar 2914 - Hi-P has slowly edged up from 52.5 cents to 57 cents as of today. Volume is also gently increasing which is rather positive. All 3 indicators such as MACD,RSI & Stochastic are also turning upwards which is rather bullish to support the share prices from heading higher. Breaking out of 57 cents with good volume may see it rises towards 60.5 cents soon.(trade base on your own decision)

Update for Hi-P 9th Mar 2914 - Hi-P seems to be holding up well between 52.5 to 55 cents as reflected from TA point of view. Last Friday broken out of 55 cents and closed higher at 55.5 cents seems rather positive for supporting the prices of heading higher. Crossing over of 57 cents with high volume may see it rises to fill up the gap at 58 cents then 60.5 cents.(trade base on your own decision)

Update for Hi-P International 26th Feb 2914 - Hi-P is on a consolidation pattern as reflected on TA point of view. Both Stochastic and RSI are showing sign of turning upwards which is quite positive. Breaking out of 57 cents with good volume that may drive the share prices higher towards 60 cents soon. (trade base on your own decision)

Update for Hi-P International 20th Feb 2914 - Hi-P result out today with total revenue up 8.2% to $1,262.5M. A lower net profit for FY2013 of S$6.4m at least it is still reporting a profit. Dividend per share of 0.6 Singapore cents was recommended by the Directors. Not too bad at least still got CD to collect .For FY2014, the Group expects lower revenue but higher profit as compared to FY2013.
All 3 indicators are pointing upwards which is rather positive. It will need to breakout 61 cents in order to for it to rise up higher towards 65 cents.(Trade base on your own decision)

Update for Hi-P International 20th Jan 2914 - Hi-P seems to be on a consolidation pattern as indicated on the TA point ot view. It will need to breakout 61 cents with high volume in order for it to go higher.Immediate resistance is at 62 cents . Clearing that may move higher to 67 cents.
(trade base on your own decision)

Update for Hi-P International 15th Jan 2014 -
Hi-P had indeed broken out of 57.5 cents on 30 Dec 13 and went up all the way to 61 cents. Yesterday closing price of 59.5 cents with low volume is augur well for the stock prices to go higher. Breaking out of 61.5 cents with good volume may send the prices hihger to 67 cents soon.
(trade base on your own decision)

Hi-P International (one of the Apple - iPhone / iPad manufacture) is looking good to reverse the down trend. Today manged to clear the 55 cents psychological level and closed at 56 cents. A while soldier is formed on the chart today which is also the confirmation candle to reverse the down trend. All 3 indicators such as MACD, RSI & Stochastic are turning up. Look for it to clear 57.5 cents and move up to 60 cents soon. Short term TP 62 cents.
(trade base on your own decision)

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