(A) CHINA SUNSINE
From the chart, indicator RSI cut up from middle line, which shows buyer in stronger position meantime. The price just broke up from middle line of Bollinger Band as well. Similar chart pattern can be referred to previous three times as pointed by red arrow in the chart. Shall history repeat, an upward move could be forming. Suggestion is BUY ~0.385 which form well support over past one year. Target to EXIT ~0.41. The company proposed final dividend at 0.015/shares which is supposed to be confirmed by shareholder meeting on April. Besides, current price represent low P/B ~ 0.8. Rebounding could be in place for the counter.
(B) CIVMEC
Even though the counter has shrunk ~ 40% in stock price since beginning of March, the downfall trend paused with significantly high transaction volume over last week. It is suggesting that buyers have entered. Since the price has cut into Bollinger Band as pointed by blue circle, it could move towards centreline ~ 0.51 which is target EXIT price. Buying signal is not as obvious bas China Sunsine, because RSI is still under oversold region. However, higher profit used to be reward for early mover. Ideal entry is 0.45 so 12% gain is targeted.
(C) M1
Similar to China Sunsine, the counter is showing rebound from recent downfall, especially with the glance on the long white bar on last trading day. Suggestion is to BUY ~ 3.88. Target to EXIT ~ 3.9. The counter is under CD period with dividend at 0.119/shares. Looking into its peers, it is not doubt that telecommunication sectors has been the favorite of public lately. History performance can be referred to red arrow in the chart.
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