May 8, 2006

The Stock That Analysts Hate Most

Bursa has to be the stock that analysts hate most. Just about every research house issues a SELL call on the stock, and they suffer agonisingly as it inched up higher and higher. Analysts fail to recognise that besides fundamentals, which are very important, stocks can go up on supply and demand imbalances, depicted through technical analysis. It's more an art than science, but a look at the chart says that it is not about to end anytime soon. Both fundamental and technical analysis are important in the investment world.

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