Market Forecast Update: 10 March 2014, Monday, 8.28am Singapore Time
Use entire March 2014 to collect buys on Malaysian Airline System Bhd (MAS) slowly; Malaysia Airlines' MH370 Air Crash will cause the stock to spike up +50% from 18cents to 20cents area. Buy the reverse logic when everyone sells and judges the company doomed and bearish.
Buy the counter-trend as much as possible during this bearishness of the company. Based on Donovan Norfolk Ang's experience, the stock will spike up at least +50% upside from late March/April 2014 onwards. In my judgement, it is time for Malaysians to show support to your national carrier during this gap down. Singaporeans can buy through your brokerages too. Take profits at +50% upside at 30cents.
Reverse Technical Analysis to be in play. Don says things before they happen.
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