GPacket dropping fast...

GPacket broke its strong horizontal support at RM1.00 on Monday, March 23rd. Today, it has just broken another strong horizontal support at RM0.85. The next strong horizontal support is at RM0.70. Its volume traded has picked significantly. My take on this stock remained unchanged, which is bearish (go here). Be very careful when presented with a falling knife...


Chart: GPacket's daily chart as at 30/3/2009 (Source: Quickcharts)