The stocks with positive momentum are:
Len Cheong Holding Bhd up one sen 37 sen
Iskandar Waterfront City Bhd up 4.5 sen at 95 sen
The stocks with negative momentum are:
Spring Gallery Bhd up 27 sen at RM1.23
Plastrade Technology Bhd up half sen at 18.5 sen
Tatt Giap Bhd down one sen at 16.5 sen
The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.
This list is not a buy or sell recommendation. It merely tells you which stocks are seeing higher than normal volume and price movements. The share price may move up or down from this point. But the “+ve” (suggesting a rising price trend on volume) and “-ve” (suggesting a falling price trend on volume) indicators should give readers a better idea of what the market is buying and when to sell. Note also that momentum generally only persists for a short period of time.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
http://www.theedgemarkets.com/my/article/len-cheong-iskandar-waterfront-spring-gallery-plastrade-tech-tatt-giaps
