KUALA LUMPUR (Dec 26): theedgemarkets.com highlighted two stocks with momentum at Bursa Malaysia’s afternoon market close today. Both stocks show positive momentum.

They are:

China Ouhua Winery Holdings Ltd up 1.5 sen at 11 sen

Pentamaster Corp Bhd up 19 sen at RM2.93

The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum.

This list is not a buy or sell recommendation. It merely tells you which stocks are seeing higher than normal volume and price movements. The share price may move up or down from this point. 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. Note also that momentum generally only persists for a short period of time.