Learning Corner
Example : Acostec (code : 7120)
Stage 1 : Not liquid ... no publicity. No one knew much about this company.
Stage 2 : Gap up with huge
volume .. 8th April. What was going on? Go to BURSA to check on the
announcements and/or news. Something was going-on.
Stage 3 : From Apr 2014 to May
2016 ... a very long consolidation period ... TWO 2yrs ... too long for
any non-investors .... and ranging from 60cents to 75 cents. Low
liquidity ...
Stage 4 : Recently, on 5th May
... breakout of the TWO-YEAR range ... with huge volume. Now ... we are
at stage 5 ... consolidation again?
We shall watch ... and remind me to update : For learning purposes.
TEH
http://cpteh.blogspot.my/2016/06/learning-corner-acostec.html
