ADVENTA above $3.85 by 22-Mar-2010 -

On 10-Mar-2010, myco479 predicted the stock price of ADVENTA BHD (ADVENTA) to go above $3.85 by 22-Mar-2010.

ADVENTA above $3.85 by 22-Mar-2010

by myco479

10-Mar-2010 7:16 PM

target price: $3.85 ( 8.45 % in 11 days)
price when predicted: $3.55
current price: $3.05
130 days pass target date.

Date Announced :02/03/2010
EX-date :23/03/2010
Final Dividend of 4 sen per share tax exempt

If you investigate & monitor chart, from the day announce dividend until yesterday, there is buying power BUT share $$$ cant breakthrough bolinger band squeeze, keep consolidation! As we can see, today a lot of T+3 trader dispose their on hand stock. So, there is a good opportunity to accumulate volume, as RM3.50 is current support level.

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Comments

by myco479 12-Mar-2010 6:50 AM

ADVENTA BERHAD (“ADVENTA” or “THE COMPANY”)
- Acquisition of 40% equity interest in Utama Associates Sdn. Bhd. (“Utama Associates”), a 60%-owned subsidiary of the Company

by myco479 16-Mar-2010 7:32 AM

Glove stock is rebound...

If analysis from chart, it fullfill uptrend requirement, which is higher high & higher low!

Let see how it perform...

by myco479 16-Mar-2010 6:10 PM

bolinger band squeeze...the band become small n smaller...

by nshiangling@hotmal.com 17-Mar-2010 11:24 AM

"the band become small n smaller" is this a good sight? I have followed ur prediction. :)

by myco479 17-Mar-2010 7:05 PM

Wa...followed my prediction?!
bolinger band squeeze got 2 probability, which is either break up or break down.

Since announce dividend until now, ADVENTA keep consolidate,so the band become smaller.

Added dividend EX-date :23/03/2010, i am predict it should break UP!

by nshiangling@hotmal.com 19-Mar-2010 11:44 PM

Seem like the prediction to hit above 3.8 hard to achieve. :)

by myco479 21-Mar-2010 8:18 AM

21 March should rebound... The day b4 ex-date...
Added, consolidate quite long, still no obvious rebound been see...

by eddievoon 22-Mar-2010 2:13 PM

The market really so bad...i don't think it will jump RM3.80 by tomorrow. Sometime, the price will drift lower when dividen is declare.

also post my comment to facebook

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