KUALA LUMPUR (June 22): theedgemarkets.com highlighted eight stocks with momentum at Bursa Malaysia’s afternoon break today. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum. It merely tells you which stocks are seeing higher-than-normal volume and price movements. But the “+ve” (suggesting a rising price trend on volume) and “-ve” (suggesting a falling price trend on volume) indicators should give readers a better idea of what the market is buying and when to sell. However, each stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks if they want to ride the momentum.
Source: The Edge Markets June 22, 2021 05:48 UTC