CBIP may have a bullish breakout
CBIP broke above its downtrend line at RM2.90 yesterday. Its next resistance may come from the horizontal line at RM3.60-65.
Chart:CBIP's weekly chart as at July 21, 2010 (Source: Quickcharts)
Based on the bullish breakout, CBIP could be a trading BUY. In view of the uncertainty in the overall market, you need to exercise your discretion on trading activity at the present moment.
Chart:CBIP's weekly chart as at July 21, 2010 (Source: Quickcharts)
Based on the bullish breakout, CBIP could be a trading BUY. In view of the uncertainty in the overall market, you need to exercise your discretion on trading activity at the present moment.
Date: 2010-07-22 15:07:00
Source: CBIP may have a bullish breakout
URL: http://nexttrade.blogspot.com/2010/07/cbip-may-have-bullish-...
The author's view does not represent the views of WangTool.com.
Please visit author's blog as a support to the author's work.
Back