Wednesday, May 08, 2013

Astro- finally broke above its recent high

Astro has finally broken above the high recorded on its first day of listing. With this breakout, Astro is likely to continue its gradual uptrend. Based on this technical observation, Astro could be a good stock for a medium-term trade.


Chart: Astro's daily chart as at May 8, 2013_12.30pm (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,Astro.
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1 comment:

  1. zainalWednesday, May 08, 2013 10:35:00 PM

    Prove of black out incident : http://thestar.com.my/news/story.asp?file=/2013/5/8/nation/13080247&sec=nation
    But sadly the real motive behind the rumour had already been acheived.

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