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Friday, March 24, 2017

Hi-P International

Hi-P International - 24th Mar 2017

Hi-P International after hitting the low of 47 cents on 20th Jan 2017, it has since stage a strong recovery and head higher to touch 70 cents on 23rd Mar 2017. Couple with high volume this is generally quite positive.


Today it had a wide bearish candlestick and closed lower at 66 cents. This may not bode well for the share price going forward.

Short term wise, I think it may likely consolidate  before setting for the next direction.
It might be a good idea to lock in profit at this particular point of time.

( trade base on your own decision)

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