Saturday, June 25, 2016

Learning Corner : Acostec


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

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