Friday, June 22, 2012

TM- uptrend to continue

TM broke above its recent high of RM5.59. From the chart below, we can see that TM is likely to continue with its uptrend line.

Chart: TM's daily chart as at June 22, 2012_11.15am (Source: quickcharts)

Based on the upside breakout, TM could be a good trading BUY.


Anonymous said...

Hi Alex

Can you comment on WTK share performance? What is WTK fair price?

Alex Lu said...

Hi hng,

WTK is at its "uptrend line" support at RM1.20. I wish I have something more exciting to add...