Chart 1: IGB's daily chart as at August 4, 2009 (Source: Quickchart)
Chart 2: IGB's weekly chart as at August 4, 2009 (Source: Quickchart)
Wednesday, August 05, 2009
IGB has a bullish breakout
IGB finally broke out of its trading band of RM1.60 to RM1.80 yesterday. While the breakout was due to a last minute push & on thin volume, the breakout is still valid provided it does not go below RM1.80 again. The next resistance will be the horizontal line of RM2.00 & RM2.50.
Chart 1: IGB's daily chart as at August 4, 2009 (Source: Quickchart)
Chart 2: IGB's weekly chart as at August 4, 2009 (Source: Quickchart)
Chart 1: IGB's daily chart as at August 4, 2009 (Source: Quickchart)
Chart 2: IGB's weekly chart as at August 4, 2009 (Source: Quickchart)
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