Wednesday, February 1, 2012

KEURO, IJM

Hi All,

Keuro got a piece of pie through WCE (West Coast Expressway) from Banting to Taiping.  Read good news below. The news may spark interest tomorrow, so u maybe will see a gap during opening.

News

http://www.theedgemalaysia.com/in-the-financial-daily/200231-ijm-corp-to-raise-stake-in-keuro.html

Chart Orientation

Lets talk big, i mean big picture.  Look here....




Keuro try to complete a rounded bottom started from Feb 2011.  Recently forming a gap and now the gap was closed.  Today inverted hammer above strong support at 1.31. 

Small Picture



Price move in the uptrend channel, created continuous lower low and lower high during climbing.  Obviously 20MA become the support line also where whenever touch, will be rebound back. i draw 1.31 as support line, if breakdown, cut your losses.  So watch tomorrow.

My wishkist counter tomorrow

Seacera, IJM, Bursa, MMCCORP


Happy Trading!!!

No comments:

Post a Comment