Stock: ~GOPENG~: GOPENG BHD 2135
Gopeng Berhad is a Malaysia-based engaged in the cultivation of oil palm, investment holding and property development. The Company operates in four segments: property development, which is engaged in the development of residential and commercial properties; plantation, which is engaged in the cultivation of oil palm; manufacturing, which is engaged in the manufacturing of cement, clinker and investment holding, and others, which is engaged in the maintenance and management of water treatment plants and dormant companies. As of December 31, 2009, the Company's subsidiaries were Gopeng Granite And Marble Sdn Bhd, Gopeng Land & Properties Sdn Bhd, Gopeng Precision And Engineering Sdn Bhd, Gopeng Resources Sdn Bhd, Gopeng Technologies Systems Sdn Bhd, Grooved Secretaries Limited and Mambang Di-Awan Sendirian Berhad. On October 12, 2009, Tanah Lantas Sdn. Bhd., a subsidiary of the Company, had been wound-up.
From tokancorner view for investor only (not suitable for punter)
This week all counter all are related to Palm Oil Because I'm Trading Crude Palm Oil (CPO) Futures
Bursa Stock : GOPENG 2135 ( Buy On Retracement N Hold It )
Why ????
Observation From Chart:
GOPENG 2135
a) Major Trend still in bullish mode
b) It has breakout from the symmetrical triangle ! Ride it guy ^_^
c) Based on weekly data it still in the beginning on new dynamic "BUY SIGNAL"
Suggestion :
"Buy On Retracement And Hold It Huat Huat "
Where To Buy This Stock Again ??
Here is some price options to think off :
1. =/> 0.770 +- ( So So )
2. =/> 0.720 +- ( Best Price )
3.=/> 0.650 +- ( Safe )
Remember to do risk management criteria ok ( 2% / 3% / 5% ) Suit yourself
TP @ 0.960 ( Can PT Some Holding At This LvL and Lets The Rest Position Trying to Overtake 0.960 Price )
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