Thursday, August 18, 2016

Diving stocks : SCGM, SLP and UliCorp


SCGM : Dived from peak around RM3.60 to current RM2.94... the selling yesterday and today is very heavy.


SLP : Peaked about RM3 ... hit RM2 low today but closed RM2.20. That is sharp.


ULICorp : Peaked at RM6.80 ... hit RM3.61 low today but closed RM4.40

Will check on these three tmr ... and see how it goes to go for technical rebound. Which one to take?

TEH

1 comment:

Edmund said...

Hi,

These stocks are overvalued by 100% and it is right to see such a correction. It is the greed and fear that drive the market.

Ed