KUALA LUMPUR: MITRAJAYA HOLDINGS BHD [] shares advanced in early trade on Wednesday, July 20 after it secured a RM13.51 million contract to build a freshwater laboratory complex at Tasik Chini in Pekan, Pahang.
At 9.05am, Mitrajaya added two sen to 60.5 sen with 437,900 shares traded.
Its unit Pembinaan Mitrajaya Sdn Bhd accepted the letter of acceptance of contract from the East Coast Economic Region Development Council to build phase one of the laboratory.
Showing posts with label MITRA (9571). Show all posts
Showing posts with label MITRA (9571). Show all posts
Tuesday, 19 July 2011
Will Mitra rebounce ?
From candlestick, Mitra form Piercing Line. It is reversal signal. The reliability is low because the gap down occurs below support (0.58). however, it is worth to monitor tomorrow. To be uptrend, it need to support by high volume.
Entry price: Close above 0.60
take profit: 0.62, 0.64,0.67
cut loss:0.58
Entry price: Close above 0.60
take profit: 0.62, 0.64,0.67
cut loss:0.58
Friday, 8 July 2011
MITRA (9571)
Tuesday, 5 July 2011
MITRA (9571)
Entry price: 0.68
TP: 0.7, 0.725,0.745
CL: 0.64
Resistance: 0.705,0.73,0.75
Support: 0.645
RR: 0.5
ADX: Strong momentum but bearish
MACD:Bearish but 4R1G could be reversal signal
RSI: Below 30% but setting up to be shooting like rocket
Sto: Break above 20% bullish
Conclusion: 2 bulls 2 bears
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