Seems like Zhulian is in accumulating now. My favorite stocks are trending up stocks like this. From a technical perspective, it seeems to be resting in a base at $2.70. Price today is $2.72. Likely to go up still in the short to mid term. If it goes up, first small target is $2.80, if it breaks, my second target is $2.95.
Btw, we are still bullish about KLCI before election day (probably in May?) like what we have said in our past article. The recent correction of 5% from its height is what we think a bottom.
http://www.danielloh.com/2012/12/klciby-daniel-loh-for-busy-weekly.html
Rgds
Daniel
www.danielloh.com
