Healthway Medical

peanutplusbutter: If you sold the ordinary shares after X-date, you would be entitled to the rights shares. That\'s the meaning of X! Before X, entitled. After X, not entitled!

Healthway Medical closed at 16.5c after touching a low of 16c on the back of reduced volume. Without any significant expansion in trading volume, any upward movement in price is likely to be unsustainable. In fact, the chances of a downward drift in price is a more likely scenario when volume dries up. singaporeanstocksinvestor.blogspot.com/2...windling-volume.html

Can buy at S$0.16?

Price action formed a wickless black candle, the most bearish of candles. The bearish crossover on the MACD has accentuated. Bollinger bands are squeezing. More downside would not surprise me. 20dMA is support turned resistance at 16.5c. Supports at 15c and 14c will most likely be tested in time.

Wednesday: 3 February 2010 CLOSING 17:05:03 S$0.155 1,227,000 BOUGHT from SELLER Must be BIG BOY! :woohoo:

Healthway Medical\'s price action formed a dragonfly doji to close at 15.5c today on even lower volume. The dragonfly doji is a bullish candlestick. It seems that the 15c support is not calling it quits and is holding up quite well. Added to this is the very low volume which confims that the sell down lacks conviction. MFI formed a higher low and has turned up. singaporeanstocksinvestor.blogspot.com/2...finding-support.html