Thursday, April 25, 2013

PWROOT- uptrend is likely to continue

PWROOT has just broken above its recent high of RM1.60. With this breakout, PWROOT is likely to continue its prior uptrend. Its next target may be RM1.80-1.90.

Based on this, PWROOT could be a good trading BUY.

Chart: PWRoot's daily chart as at Apr 24, 2013_10.00am (Source: quickcharts)

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, PWRoot.