HSL above $1.41 by 08-Mar-2010 -

On 04-Mar-2010, jksia1982 predicted the stock price of HOCK SENG LEE BHD (HSL) to go above $1.41 by 08-Mar-2010.

jksia1982 was right about

HSL above $1.41 by 08-Mar-2010

by jksia1982

4-Mar-2010 8:58 PM

target price: $1.41 ( 2.92 % in 3 days)
price when predicted: $1.37
current price: $1.50
144 days pass target date.

Exceeded $1.41 on 05-Mar-2010
Highest Price $1.43 on 08-Mar-2010

Candlesticks from 14/1/2010 to 24/2/2010 formed a 'tea cup', followed by the formation of 'cup handle' at 3/3/2010. Today (4/3/2010) HSL broke out and closed above the cup at 1.37. Based on Fibonacci ratio 123.6%,it may test 1.41 very soon in conjunction with Sarawak election theme.