Chart: Adventa's daily chart as at Nov 13, 2009_9.30am (Source: Quickcharts)
Based on this technical breakout, Adventa is a now a trading BUY.
Friday, November 13, 2009
Adventa- a trading BUY
Adventa, a rubber glove manufacturer, has broken above a cup-with-handle formation yesterday when its share price exceeded its recent reaction high at RM2.22. Earlier this morning, the stock shot up to a high of RM2.35. For more on the cup-with-handle formation, go here.
Chart: Adventa's daily chart as at Nov 13, 2009_9.30am (Source: Quickcharts)
Based on this technical breakout, Adventa is a now a trading BUY.
Chart: Adventa's daily chart as at Nov 13, 2009_9.30am (Source: Quickcharts)
Based on this technical breakout, Adventa is a now a trading BUY.
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1 comment:
G.day Alex,
Can you further commend on this stock, as it went drop below 2.15 yesterday.
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