Bioalpha Holdings

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#1
‪#‎GorengThursdays‬
‪#‎Biohldings‬ ( 0.34 )

1 ) "The increase ( in revenue/ profit ) was due to the export of our
herbal product to China market amounted to RM5.75 million following acceptance of the product by the Chinese consumers."

2 ) " Our Group expects the first harvest of our herbal plants by end of 2015 "

3 ) Pharmaceutical company.

Technical wise, this company is tricky. For the past 6 attempts of a strong movement upwards, it was followed by a sell off.
Why will this time be different ? Volume speaks louder than words. The recent slamdown on 15th January was also due to general market bearishness.

However, it wouldn't be surprising if it doesn't sustain the upward momentum.
TP 0.45
Support : 0.31
Risk : High
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