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Wednesday, May 11, 2011
Esso- may have a bullish breakout
Esso has just broken above its ascending triangle (and recent high at RM4.40). The stock could potentially hit a target of RM5.00.
Chart: Esso's 60-minute chart as at May 10, 2011 (Source: Quickcharts)
Based on the bullish technical breakout, Esso could be a good trading BUY.
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