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

Saturday, November 19, 2011

Harvest shares, warrants advance, ignore trading curbs

KUALA LUMPUR (Nov 18): HARVEST COURT INDUSTRIES BHD []’s shares and the warrants climbed on Friday despite the trading curbs on the securities which came into effect on Wednesday to check excessive speculation.

At 4.14pm, Harvest was up 31 sen to RM1.35 with 8.89 million shares done while the warrants added 26 sen to Rm1.15 with 8.51 million units transacted.

The performance of the securities bucked the cautious broader market which saw the FBM KLCI falling 4.77 points to 1,460.70.

Read More

Harvest Court rallies to six-year high
Written by Syarina Hyzah Zakaria Thursday, 03 November 2011 11:37
KUALA LUMPUR: Harvest Court Industries Bhd’s share price surged by over 20% with some 54.23 million shares changing hands, making it the third most actively traded stock on Bursa Malaysia yesterday.
The company also drew attention when it announced the appointment of Nazifuddin Najib, the son of Prime Minister Datuk Seri Najib Razak, as a non-executive director. Nazifuddin is also a director of Sagajuta.
Read more

Harvest rebounds after 2-day selldown on trading curbs
Written by Joseph Chin of Friday, 18 November 2011 15:04

KUALA LUMPUR (Nov 18): The shares of HARVEST COURT INDUSTRIES BHD [] staged a mild rebound on Friday after a two-day selldown since Wednesday after trading curbs were placed.

At 2.57pm, the share price was up 15 sen to RM1.19 with 5.60 million units done. The warrants gained six sen to 95 sen with 5.26 million units transacted.

On late Monday, Bursa Malaysia Securities Bhd announced that it had declared the securities of Harvest Court as designated counters with effect from Nov 16, Wednesday, due to excessive speculation.

The imposition of this ruling for the shares and the warrants are in force until further notice.

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