Monday, 22 June 2015

LUM CHANG - ONLY SINGAPORE STOCK HITTING 52 WEEKS HIGH

We would like to share with our readers 1 stock - LUM CHANG. When STI is hitting new lows in 2015, most industry would be hitting lower low. I have been seeing stocks hitting 52 weeks low in 2015 but for a stock to perform hitting 52 weeks high is something amazing. Nevertheless, 1 thing can be tell for sure, Positive Earnings Momentum, M&A related activity and Directors purchasing shares from the market. For LUM CHANG, a break of 40cents would trigger a potential tsunami to go higher towards the 50cents(ultimately), still we cannot be over confidence and putting our Stop Lost at 38cents.
 

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