Non-Seditious Posting -
5 hours ago
|Raya Stock Chart |
1)Salient Observations : -
*Bullish Flag Pattern
2) Major shareholders buying into the stock
Changes in Sub. S-hldr's Int. (29B)
Particulars of substantial Securities Holder
Details of changes
Currency: Malaysian Ringgit (MYR)
|RAYA INTERNATIONAL BERHAD|
|Name||TAN CHENG KIAT|
|Address||B15-5, THE ISTANA CONDOMINIUM|
NO: 1, LORONG UTARA B
OFF JALAN UTARA
46200 PETALING JAYA
SELANGOR DARUL EHSAN.
|NRIC/Passport No/Company No.||480206-10-5533|
|Nationality/Country of incorporation||MALAYSIAN|
|Descriptions (Class & nominal value)||ORDINARY SHARES OF RM 0.10 EACH|
|Name & address of registered holder||TAN SENG HU|
NO:11, JALAN PJU 19/13B
TAMAN PUNCAK JALIL
43300 SERI KEMBANGAN
SELANGOR DARUL EHSAN
|Type of transaction||Date of change|
No of securities
Price Transacted (RM)
|Circumstances by reason of which change has occurred||ACQUISITION OF SHARES BY MR TAN SENG HU, BEING HIS SON.|
|Nature of interest||INDIRECT|
|Indirect/deemed interest (units)||5,574,200|
|Indirect/deemed interest (%)||4.7|
|Total no of securities after change||16,574,200|
|Date of notice||12/09/2014|
|The Edge weekly 18/8-24/8 Page 24.|
|Bollinger Bands - KENANGA|
The main problem is the ENTRY POINT of the trade - sometimes the stock can remain oversold for a while and IF you enter just below the lower Bollinger Bands line, you get trapped!
The trick to overcome this is to enter the trade only when the share price show a confirmed uptrend on the closing the following day.
Exit point can be the mid-point of the Bollinger Bands or if you think the stock is strong the upper Bollinger Bands point.
I am currently following the Bollinger Bands (BB) on GPACKET stock.
(Further Reading : A Simple Bollinger Band Strategy)