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Time now: Jun 1, 12:00 AM

Instaco (0069)

Ada apa-apa komen dari abang-abang dan kakak-kakak berkenaan counter ni?
 
Instacom - Breaking out n taking off!

Grab all at 28.5c to 29.5c without hesitation.

Major take-off once 30c - 30.5 resistance level reached n broken.

Market talk - major price booster news n report out this week, both contract awards n analyst report.

Chinese press made "BUY" call :-

http://www.enanyang.my/news/20160123/instacombr-多项利好催升股价/

This stock can hold long term. Target Price 80c.
 
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VIVOCOM ended the day firmer with minor gains. Late wave of buying helped transformed the technical chart-picture from negative to neutral-to-positive. From early-December 15 to January 16, three triple-tops or price peaks were established.if we join the the three tops we would get to see an immediate price objective at 0.29-0.295. Continuation of today's mild upward momentum could take values higher to test this chart-hurdle. Happy & Prosperous CNY.
 
What a difference a day make!
Today trading was serene compared to yesterday's tornado twister action.
We have seen the entire day very orderly buying activities which was linked to short-covering. People who sold aggressively yesterday are now buying back to remain invested. Bids were carefully placed into market for fear that sellers would shy away during this price sensitive short-covering process.
A total of 21.78 M shares were transacted. At 0.225 seller gave 3.26 M shares to buyers and at 0.23, buyers took 8.11 M shares from sellers and seller booked buyers with 7.89 M shares. Trading at 0.235 weak lopsided as buyers paid up and took 2.06M shares from sellers.
Price ended at 0.230. up 0.005 from previously.
Chart wise, we have entered into a new-normal trading range and the stock is expected to enter into range-bound..around the 0.23 to 0.25 range...Vivocom is strongly managed n supported. Owners not selling. If not we would hv limit down yesterday. It happened before in December last year n we staged a strong comeback. We will do so likewise again when the timing is right. Timing is everything in d stock market.
 
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