Chart: Bursa's daily chart as at June 19 (courtesy of Quickcharts)
This is strictly a technical call without any consideration of the company's financial performance & position.
Wednesday, June 20, 2007
Bursa has a bullish breakout
Bursa gained 40 sen to hit RM12.60 at 11.00 a.m. this morning. In the process, Bursa has just broken to the upside of the strong horizontal resistance at RM12.20. With this bullish breakout, Bursa's uptrend is likely to re-commence. Bursa & the related CWs would be good trading BUY. Of the CWs, I prefer Bursa-CB & Bursa-CC.
Chart: Bursa's daily chart as at June 19 (courtesy of Quickcharts)
This is strictly a technical call without any consideration of the company's financial performance & position.
Chart: Bursa's daily chart as at June 19 (courtesy of Quickcharts)
This is strictly a technical call without any consideration of the company's financial performance & position.
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