|
Post by zuolun on Feb 23, 2016 14:28:00 GMT 7
The dead cat bounce is done. Expect Lian Beng's share price to retest its last low @ S$0.405 scored on 28 Jan 2016 and continue its downside movement forming a lower low @ S$0.37. Lian Beng is buying back its shares – should we be buying too? ~ 17 Feb 2016 Lian Beng's revenue for second quarter down 35% ~ 14 Jan 2016 Lian Beng ~ Trading in a downward sloping channel, TP S$0.37Lian Beng had a black marubozu and traded @ S$0.44 (-0.02, -4.3%) with 770,000 shares done on 23 Feb 2016 at 1515 hrs. Immediate support @ S$0.415, immediate resistance @ S$0.465.
|
|