WILL THIS SMALL CAP STOCK CONTINUE TO RALLY?

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KiMOYA HOLDINGS ASIA stock has continued to rally for two consecutive days on 2nd May 2017 and 3rd May 2017. Notably significant was the rally yesterday on the back of an increased relatively higher volume of 28.4 million stocks. The longer-term moving averages of 100 Days-Moving-Average, 200-Days-Moving-Average are rising and what is positive is the shorter-term moving averages of 50- Days-Moving-Average, 20- Days-Moving-Average converging and seems poised for a rebound.

The rally of Moya Holdings Asia stock is not suprising to me. I have shared with readers what I think about the stock some time back (you can visit the post here: This company is well-run, looking at its financial statements. And from what I know, the management is prudent, preferring to excel in fundamentals before growth plans. This approach, good financial results, coupled with a growing water industry in a developing country, Indonesia, looks like a winning …

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