Saturday, June 08, 2013

Multico All Set To Move Forward

Multico occupies a prominent position in my portfolio. The stock has been in a gradual uptrend  since June 7, 2012 when it was being traded at  1.14. 

Last Friday, June 7, 2013, the stock closed at 1.78. This means that the stock has moved up 56.14% within 1 year. This is commendable because the FBMKLCI moved up only 12.71% from 1575.3 to 1775.5. 

Going by the chart, the stock is now all set to move up higher. Watch it closely, come Monday morning; chase it at the opening bell. You will see the money within the next few days or even at the close of the day. 

Please remember that if you listen to me, you do so at your own risk absolutely.

Good luck and may God bless your every trade.