Axiata may have a bullish breakout at RM4.00
Axiata broke above its downtrend line (R2-R2) in June. This morning, it broke above its horizontal line, H2 at RM4.00. With this later breakout, Axiata may put in a decent rally similar to January-February this year when it charged up from RM3.25 to RM4.00.
Chart : Axiata's daily chart as at July 12, 2010_10.00am (Source: Quickchart)
Based on the above, Axiata may be a good trading BUY.
Chart : Axiata's daily chart as at July 12, 2010_10.00am (Source: Quickchart)
Based on the above, Axiata may be a good trading BUY.
Date: 2010-07-12 10:15:00
Source: Axiata may have a bullish breakout at RM4.00
URL: http://nexttrade.blogspot.com/2010/07/axiata-may-have-bullis...
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