This is a personal weblog, reflecting my personal views and not the views of anyone or any organization, which I may be affiliated to. All information provided here, including recommendations (if any), should be treated for informational purposes only. The author should not be held liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
Thursday, July 04, 2013
LBS- Broke above its recent high of RM1.32
LBS has just broken above its recent high of RM1.32. The target for this developing move could be RM1.50-1.53. Based on technical consideration, LBS could be a good trading BUY. This breakout would be nullified if it drops back below the breakout level of RM1.32.
Chart: Gtronic's daily chart as at Jul 4, 2013_9.20am (Source: Quickcharts)
Note:
In addition to the disclaimer in the preamble to my blog, I hereby confirm that I do not have any relevant interest in, or any interest in the acquisition or disposal of, LBS.
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