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2012-04-27

PETDAG show bullish sign after market test

PETDAG show bullish sign after market test now is just planing a good news to push the price to RM20. PETDAG 4Q2011 result will be roll out by May and also may be go a long with GE announcement. Likely the price will jump very fast (in 3 to 4 days trading ) to hits RM20.

Once all the good news out the share may drop, however due to this share price is fully control so will it be mark down again may also unlikely. All Petronas share is use to support FBM KLCI index and the price can be anything.

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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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