S P Setia Bhd (SETI.KL)

Overview:

S P Setia Berhad is an investment holding company. 
The Company is engaged in business as building contractors. The Company operates in three segments: property development, which consists of property development; construction, which includes building and infrastructure construction, and others, which includes manufacturing, trading and investing. 
Its subsidiaries engaged in property development, project management, club operation, prefabrication, installation, sale of wood products and provision of kiln dry services, provision of security services and contractor for home automation and alarm systems, among others. 
On June 27, 2012, the Company incorporated, S P Setia Property Services Sdn Bhd, as its wholly owned subsidiary. 
In July 2012, the Company and Sime Darby Berhad bought London's Battersea power station. 
On July 9, 2012, it acquired 100% interest in Flexrise Projects Sdn Bhd and Pelita Mentari Sdn Bhd. 
On September 10, 2012, the Company acquired Ivory Paragon Sdn Bhd.

Trading Plan:

1) Trendline - Sideways with price ranges from RM2.99 to RM3.17
2) Volume: High
3) MACD: Green (Positive>Bullish)

4) Smoothed RSI : At 45.2%. Still in standby waiting to break up or below 50%.

5) Support/Resistance - Sideways

6) Beta: 1.24
7) Candlestick - 

8) Pattern - 


Trading Plan 1:
Entry: RM 3
Profit: RM 3.15

Cut loss: RM 2.95

RRR (Risk to Reward Ratio)> 1 : 3

Trading Plan 2:
Entry: RM 3.20
Profit: RM 3.40

Cut loss: RM 3.15

RRR (Risk to Reward Ratio)> 1 : 4

Scenarios Analysis:
1) 

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