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Friday, August 17, 2018

Uptrend stock counters

I think below are the few Uptrend stock counters that I have noticed based on the charts presented.

 CityNeon

 Looking at CityNeon chart patterns, looks like it may likely move up to re-challenge $1.25 level.

Both the SMA lines & MACD is rising nicely in a orderly manner.

 Wilmar Intl 

 Looks like it may move up to re-conquer $3.40 level.

The recent good 2nd quarter result + director recently has been aggressively buying back share.

Seems that the current price is still undervalue. If the listing of China is going to happen, then this counter may likely rise to retest $4.00 level.

 YZJ

After hitting the high of $1.70, it has since gone through a major correction mode and went down to touch the low of 85 cents.

The company has been busy buying back share in millions of quantity price ranging from 85 to $1+.

It has since recovered and is now on a Reversal chart patterns.

Looks like it may re-attempt the recent high of $1.11 then $1.20 level.


 Sunningdale Tech 

After touching the low of $1.25, it has since stage a nice recovery and head higher to hit the high of $1.45 yesterday. Looks bullish and it may likely re-attempt to breakout $1.43 level smoothly and rises higher towards $1.50 then $1.60 level.

XD on 23/8. Interim dividend of 3 cents ( last year was 2.5 cents).

Yearly dividend is about 7-7.5 cents . Yield is quite attactive.
NAV $1.98

 Valuetronices

 After touching the low of 62 cents, it has since stage a strong recovery and head higher to test 77.5 cent yesterday.

Looks like it may move up to retest 80 then 85 cents.

Not a call to buy or sell.

Please do you own due diligence.


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