Tuesday, November 07, 2006

Choo Bee has a bullish breakout

As noted in my post on October 27, Choo Bee's breakout level is at RM1.74. This morning, the share price has surpassed this level. At 10.00 a.m., Choo Bee is at RM1.76 & the volume traded is at 73,900 units. The latter is a bit low at this point. I hope that the volume will increase sharply as the day progresses. You would notice that the volume built-up over the past 2 or 3 months has been fairly good.

















Chart: Choo Bee's weekly chart as at Nov 6

No comments: