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Thursday, July 10, 2014

Hi-P

Hi-P International - 26th July 2014 - Hi-P indeed it had broken out of 59.5 cents on 17th July 2014 and closed higher at 60 cents. The volume had also generally creeping higher which is rather healthy. It had since risen higher to hit 66 cents on 23rd July 2014 which was rather impressive. Is a good sign to pause after hitting high of 66 cents and settled as 62.5 cents on 25th July. Looking good for it to re-attempt 66 cents and head higher towards 69 cents then 72 cents. This is also quite in line with its NAV of 71 cents.
(trade base on your own decision)

Hi-P International - 10th July 2014 - Hi-P is looking good to breakout 59.5 cents and goes higher towards 62 cents then 67 cents. All 3 indicators are trending upward which is rather positive in supporting the share prices of heading higher. (trade base on your own decision)

Hi-P International - 11th June 2014 - Hi-P is gaining strength each day and it is trending higher to re-test 60.5 cents. Breaking out of 60.5 cents with high volume that may propel to drive the share prices higher towards 68 cents soon. All 3 indicators such as MACD,RSI & Stochastic are also trending upwards which is rather positive and may provide support of driving the prices higher.(trade base on your own decision)

Hi-P International - 27th May 2014 - Hi-P is still in a rather uncertain mode as reflected from TA point of view. The only plus point is that both Stochastic & RSi are turning upwards which is generally quite positive. It will need to cross over 57 cents with good volume in order to reverse this down trend and head higher towards 60 cents .(trade base on your own decision)

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