Thursday, July 10, 2014

Insas: Uptrend to continue?

Insas has just broken above its intermediate downtrend line, RR at RM1.25-1.27. With this upside breakout, the stock could continue with its prior uptrend.

Chart: Insas's daily chart as at July 9, 2014 (Source: Tradesignum) 

Based on technical breakout, Insas could be a good trading BUY.

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, Insas.

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