Stock Market Books

Tuesday, February 19, 2008

Lionind 4235

Lionind (4235, Ind-prod) has shown a technical buy signal. At the point of writing, it is priced at 2.02.

The High close was at 2.41. On Feb 4, 2008, it was closed at 2.15.

Assuming you bought 50,000 at 2.02 and made an exit at 2.15, your gain would be: RM 4955.60, attaining a return of 4.9%.

4.9% is still better than the bank interest rate. If you are able to do this many times in a year, you will definitely be able to multiply your wealth in a short span of times.

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