As at this moment, I do not know the reason for the play on Measat. However, you may want to check out my take on its recent financial results (here).
Chart: Measat's daily chart as at July 16, 2009_11.45am (Source: Quickchart)
Thursday, July 16, 2009
Measat may have broken above its medium-term downtrend line
Measat has just broken above its medium-term downtrend line resistance at RM2.18-20. It has also surpassed its recent high of RM2.24 recorded on June 10. Its next resistance is at RM2.50 & thereafter RM3.00.
As at this moment, I do not know the reason for the play on Measat. However, you may want to check out my take on its recent financial results (here).
Chart: Measat's daily chart as at July 16, 2009_11.45am (Source: Quickchart)
As at this moment, I do not know the reason for the play on Measat. However, you may want to check out my take on its recent financial results (here).
Chart: Measat's daily chart as at July 16, 2009_11.45am (Source: Quickchart)
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3 comments:
Hmm.. i bought a few..
Hi Kenny,
Good luck.
i bought for 2.22
and today is 2.05
what do you think? Will it keep dropping?
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