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2011-06-28

MUHIBAH Supported At RM1.40



















After a big wash by Big money from RM1.90 to RM1.40, now MUHIBAH supported at RM1.40. For short term MUHIBAH share price will move sideways for some accumulation before the share jump up again and RM1.30 is the point that big money will test the market before mark up.

For long term, MUHIBAH still a good share to invest. When all the bad news flow out, next will only the good news. What I know is MUHIBAH still a lot of profitable project on hand and waiting the good timing to flow out.

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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