RHBCap surpassed its 2007 high
RHBCap has just broken its 2007 high of RM6.29-30 yesterday (see Chart 1). Its next resistance would be the horizontal lines at RM6.70 & RM7.00 (see Chart 2).
Chart 1: RHBCap's weekly chart as at July 26, 2010 (Source: Quickcharts)
Chart 2: RHBCap's monthly chart as at July 1, 2010 (Source: Tradesignum)
Based on the technical breakout, RHBcap could be a trading BUY.
Chart 1: RHBCap's weekly chart as at July 26, 2010 (Source: Quickcharts)
Chart 2: RHBCap's monthly chart as at July 1, 2010 (Source: Tradesignum)
Based on the technical breakout, RHBcap could be a trading BUY.
Date: 2010-07-27 09:14:00
Source: RHBCap surpassed its 2007 high
URL: http://nexttrade.blogspot.com/2010/07/rhbcap-surpassed-its-2...
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