Monday, 13 May 2013

Malaysia Stock Tip: PWRoot needs a good rest at $2

Dear Friends,

Do you remember our malaysian recommendation of PWroot a couple of months back when it was $1.50? In Jan it was $1.20 when we recommended.

http://www.danielloh.com/2013/03/malaysia-stock-tip-pwroot-still-strong.html
http://www.danielloh.com/2013/01/malaysia-stock-tip-sell-zhulian-look-at.html


It has reached $2.04 highest today. We now feel that this company needs a rest at $2.

We think that it has the possibly of hitting $2.10 the highest before consolidating.

This is a strong powerful stock, however a consolidation may be the right way before moving forward.

Rgds
Daniel
www.danielloh.com

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