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.

2 comments:

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...