Wednesday, March 24, 2010

FimaCorp

FimaCorp after breacing its overhead resistance has been moving from stregth to strength in light volume. The writer is of the view that this stock has a long way to move higher. The stock is fundamentally sound. (Please refer to my previous post.)
I believe the stock will hit RM6 per share by the end of the year.
There are two adages. One is that what goes up must come down. The other is that what goes up is likely to go up higher. Both are true. In this case, my opinion is that the latter will apply.

(The idea expressed above is that of the writer. You don't have to agree with him. As usual, you buy, sell or hold at your own risk absolutely.)