GASMSIA & IHH making new high

GASMSIA & IHH have both broken above their recent high of RM2.75 & RM3.48, respectively. The breakout for GASMSIA is more convincing since the share price is now at RM2.82- a good 7 sen above the previous high. IHH (at RM3.50) is only 2 sen above the previous high.

Based on these breakout, both GASMSIA & IHH could be trading BUY.


Chart 1: GASMSIA's daily chart as at Mar 6, 2013_4pm (Source: Quickcharts)



Chart 2: IHH's daily chart as at Mar 6, 2013_4pm (Source: Quickcharts)

Note:
In addition to the disclaimer in the preamble to my blog, I hereby confirm that I do not have any relevant interest in, or any interest in the acquisition or disposal of, GASMSIA & IHH.