Tenaga has finally surpassed its May 2000 high

This morning, Tenaga has broken above its May 2000 high of RM11.76 (take that as RM11.80). With this breakout, Tenaga may revisit its 1993/94 high of RM16/17. Based on this bullish outlook, I would recommend that you accumulate anyone of Tenaga's 3 CWs on weakness.


Chart 1: Tenaga's monthly chart as at Jan 17


Chart 2: Tenaga's daily chart as at Jan 17