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Monday, April 05, 2010
LionInd may have a bullish breakout
LionInd broke to the upside of its ascending triangle at RM1.83. The next resistance levels are at RM1.95, RM2.20 & RM2.60.
Chart 1: LionInd's daily chart as at Apr 5, 2010_3.40pm (Source: Quickcharts)
Chart 2: LionInd's weekly chart as at Apr 5, 2010_3.40pm (Source: Quickcharts)
Based on the breakout of the ascending triangle, LionInd could be a trading BUY.
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ReplyDeletewah lau.. look like we are going to have a superbull in Bursa.
ReplyDelete