19.4.08

SUCCEES TRANSFORMER CORP BERHAD (SUCCESS)

This stock is all over the news last week because it caught everybody by surprise on its sudden surge of the stock price. Rising about 15% in 3 trading days. WOW!
Looking at the fundamental, looks like this counter is supported by its fundamental. EPS rising 50% more than last year's. Dividend 2.5 sen compare to 0 sen last year.

Its monthly showed the price rebounded past its immediate resistance of 91 sen.

Weekly also same. This big white candle confirming the bullishness of the price.

As mentioned earlier, the 15% positive price action is telling investors/traders that it is pressing the turbo button now. The stochastic showed the price has a bit more to go while the strenght might be slowing. GMMA is trying to confirm the uptrend. MACD also issuing the uptrend ticket.
Happy Investing!!!

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