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Author: humblestock   |   Latest post: Thu, 6 Dec 2018, 08:45 AM

 

Valuetronics - [ Tumbling Down Over 6% , Target Met, Next Downside Target? ]

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11th September, 2018, 4:55 PM

Valuetronics – [ Tumbling Down Over 6% , Target Met, Next Downside Target? ]

Chart Source: Poemsview 11th Sept 2018

Valuetronics took a tumble today along with other electronic stocks like UMS and Hi-p.

Ever since our EXCLUSIVE CLIENTS were alerted on this trade analysis on end August, Valuetronics has fallen over 6%. A very nice downside movement for over a week’s work. We are pleased with the results.

Ever since Valuetronics broke its $0.75 horizontal support it hasn’t been able to regain that foothold and the support has turned to resistance. It went down to hit our $0.72 target and looks like it might hit our $0.68 target in the coming days.

$0.68 will be our support for now. Failing to hold might see it move down to $0.645 from where it all started.

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Yours

Humbly

Kelwin&Roy

 

 

The post Valuetronics – [ Tumbling Down Over 6% , Target Met, Next Downside Target? ] appeared first on Singaporehumblestock.

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Labels: Valuetronics

Related Stocks

Chart Stock Name Last Change Volume 
Valuetronics 0.655 -0.01 (1.50%) 1,853,100 

Market Buzz

Date Type Subject
13-Dec-2018 Announcement Change - Announcement of Cessation::Resignation of Senior Business Unit Manager

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