Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Friday, October 22, 2010

Sime Darby: Buy, target price RM11.80

Friday, October 22, 2010, 04.59 AM

ECM Libra Investment Research has upgraded its call on Sime Darby Bhd(4197) to "buy", from "hold", and raised its target price by more than 50 per cent to RM11.80, mainly driven by its plantation business.

Taken from here..

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