Shares & Derivatives
CAN THIS STOCK CONTINUE TO RALLY?
By Singapore Stocks Investing (SSI)  •  May 26, 2017
Moya Asia or more correctly called Moya Holdings Asia has been a star performer on the SGX, rising by more than 300% since Q3 of year 2016. The rapid rise of share price of Moya Asia in the previous week is evident as the stock also made it to the top volume Singapore stocks. I have been sharing lots about this stock of my conviction in this stock before its rally and I continue to believe in the good fundamentals of this stock. What I can deduce from the recent trading sessions of Moya Asia stock is that a resistance of $0.115 has been formed which the stock has been testing but which it has failed to clear (though on an intra-day price of view, Moya Asia has reached the $0.118 price mark). Yesterday, Moya Asia stock closed at its intra-day high of $0.115 which is also ......
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By Singapore Stocks Investing (SSI)
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