[TOP TEN BURSA PENNY STOCKS TO WATCH]
Seriously I miss these super penny stocks...
HARVEST...TIGER...NICORP...MTRONIC...SERSOL...GPRO...CYBERT...........AMEDIA...INGENCO...OLYMPIA...FLONIC...FOUNTAINVIEW...KARAMBUNAI...KAIPENG....EMIVEST...SUMATEC...
These are all Bursa Malaysia most profitable penny stocks darlings with most of them gained more than 300% in three months
Before I list down Bursa latest Top Ten Penny stocks, let me say why penny stocks are great for fast investors.
Penny stocks are super light stocks with share priced below RM1.00. It has super rocket upspeed when it breakout but of course has higher volatility and can slam to the floor when it breakdown. Investing in penny stocks is rewarding as it has zero correlation with the broad market index, meaning it can go against the gravity and zoom higher while the whole world in blood. To trade penny stocks successfully, we need some reliable fundamental catalyst, leverage on strong uptrend, ride momentum, use tight stop loss and response quickly to protect upside profit. Speculating on penny stocks can be addictive and exciting, but if not careful, can be dangerous if bought on hypes. 90% penny stocks make an average 300% return within six month and then do a dramatic reversal at the top (known as V Top) with most gain vapourise within weeks.
So my advice :
(1) Don't believe the market hypes. Do our own research and act fast. Penny stocks are fertile grounds for tips specialist and volume fraudsters.
(2) Avoid penny stocks that have little history. Most penny stocks are created for syndicate pump and dump.
(3) Don't get too greedy and look for a 1,000% return on investment (ROI). Consider buy and sell at 20% or 30% with a tighter stop loss. Spread
purchase at multiple support level.
(4) Buy highly liquid penny stocks that experience a real earnings breakout due to real product launches or reliable market expansion.
(5) Never fall in love with a penny stock. Use conservative money management and sell immediately when catalyst does no materialise.
Ok. Show Time. This is our Top Ten Bursa Penny Stocks in order of technical momentum and trading attractiveness. High risk but high potential.
Top Five Bursa Stocks Under RM1.00 :
Infotec Bhd (Price RM0.60)
Knm Bhd (Price RM0.63)
Destini Bhd (Price RM0.53)
Sona Bhd (Price RM0.46)
Daya Bhd (Price RM0.40)
Next Five Under RM1.00 :
Iris Bhd (Price RM0.40)
Silk Bhd (Price RM0.77)
Tadmax Bhd (Price RM0.52)
Mkland Bhd (Price RM0.39)
Thheavy Bhd (Price RM0.92)
Others To Watch :
Mpay Bhd (Price RM0.17)
Minetec Bhd (Price RM0.24)
Sernkou Bhd (Price RM0.27)
Ecofirst Bhd (Price RM0.26)
Asiapac Bhd (0.19)
Gud luck.
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