LTA - Potential Strong Rebound Stock This Week

Last week market was really exciting as Hong Kong market, USA market big free fall ! 

However every fall will surely hit the floor and bounce up.

At this juncture we don't care whether this rebound can last or sustain but we would like to share with you stock that potentially rebound up ! To catch some short term money !

GAMUDA (5398)

Why GAMUDA remain TOP pick for catch rebound? As MRT2 already put on negotiation table, new Gov are quite unlikely to terminate their project and re-tender, price has been extra cheap at the moment. The white strong candle on last Thursday has already indicating a strong positive digestion of bad news which should see it move further up.

Potential rebound target RM 2.70 - RM 3.00.

QES (0196)

QES one of the cheaper price SEMICON stock and also recent IPO . Have posted very good result and market have been very positive with future outlook and prospect. Techinically has been strong uptrend which mean recent fall actually an opportunity to set entry for further upside.

Potential rebound target RM 0.36 - RM 0.40

WEGMANS (0197)

WEGMANS is one of the recent new IPO and furniture stock that has been very bullish uptrending, recent fall that cause by sentiment has already drop way below the uptrend line, which causing many short term player panic and cut loss, however it's expecting to recover stronger if world market remain stable.

Potential rebound target RM 0.38 - RM 0.40

NOTION (0083)

NOTION is a little bit special as in the progress of a big uptrend, and now consolidating in range awaiting to make a big push up. Recent fall has been great opportunity to set in. Has been forming bottom for half year all because of the beautiful fire that burn their factory, and now manage to claim RM 150 million which is about RM 0.45 cash per share. Current price only RM 0.60+ which mean you are buying pretty cheap !

Potential rebound target RM 0.76 - RM 0.90.

DANCO (5276) 

DANCO has been posting strong result, and price have been drop way below before recent announce result price. Expecting to see further rebound up as it's supposed to be very bullish uptrend.

Potential rebound target RM 0.48 - RM 0.52

JHM (0127)

JHM has been posting record high earning, yet price has falling way too much. It's supposedly breakout and bullish uptrend, fortunately bad sentiment has give us chance to enter at lower price. This must be golden opportunity as most likely it will further rebound up and further uptrend.

Potential rebound target RM 1.30 - RM 1.40.

CHINWEL (5007)

CHINWEL has just post a very strong result, price also finally break away from more than half year downtrend. It's already indicating a very bullish movement. Recent retrace from RM 2.0 again give chance to enter lower before it move much higher up. Compare to peers TONGHER price has been up up all the way, next should be CHINWEL's turn.

Potential rebound target RM 2.0 - RM 2.30.

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Above are merely my own analysis for learning only, buy or sell please seek advice from your license dealer !