Composite Index- 1-year retracement
Normally the big players leave the stocks at high and come back later to grab the stocks at a lower prices. My advice is to be careful at this critical point. I think it's better to follow the big players to make it safe. Wait for a lucky day to come...since there will be a day the stocks will tumble. Rumours have already circulated around the web, mentioning the negative news of the Gold price. The Gold has hit the bear territory last week, and normally the equity market also joining the same fate as it happens to the Gold.That was the history of the stock market.
Today, let's watch out specifically on this stock,
One Year Retracement Chart
Assumption: Either it may jump further or decline. Within these few days the volume occupied was tremendous compared previously. I think this stock will show a very clear pattern after the election day. Let us monitor!
The Price Movement as from 1st April 2013
Its Earning Per Share(EPS) was recorded 8.31( as on Feb 2013). It's good for investors to make a choice. Reference(http://biz.thestar.com.my/marketwatch/)
Look at the Major Shareholders
The right time is to wait after election day. Next week!.