Saturday, March 23, 2019

GL limited

TA wise, looks Bullish! It has managed to broken out of the consolidation mode of 75 cents and close well at 76.5 cents.

 RSI is still rising up nicely which may provide further indication to go higher. Also current price of 76.5 is staying above it's SMA lines looks positive.

 Short term wise, likely to re-attempt 78 cents ! Breaking out with ease + good volume that may propel to drive the price higher to 80 then 85 with extension to 90 cents .

NAV $1.14.
Dividend 2.2 cents
Yield 2.8%

If you browse through sgx company announcement, you can notice the company dir has been actively buying back shares!

Not a call to buy or sell.

 Pls dyodd.

No comments:

Post a Comment