Landmrk & DNP broke above their downtrend
The listing of Ivory Properties Group Bhd ('Ivory') on our exchange yesterday has been a real boon for investors with exposure to property stocks. Ivory gained 30 sen to close at RM1.30. The sharp gain for Ivory sparked a rally in many property stocks. Below are two quiet stocks which managed to break above their medium-term downtrend line. These stocks- Landmrk & DNP- could be good trading BUY.
Chart 1: Landmrk's daily chart as at July 29, 2010_9.30am (Source: Quickcharts)
Chart 2: DNP's daily chart as at July 29, 2010_11.00am (Source: Quickcharts)
Chart 1: Landmrk's daily chart as at July 29, 2010_9.30am (Source: Quickcharts)
Chart 2: DNP's daily chart as at July 29, 2010_11.00am (Source: Quickcharts)
Date: 2010-07-29 11:33:00
Source: Landmrk & DNP broke above their downtrend
URL: http://nexttrade.blogspot.com/2010/07/landmrk-dnp-broke-abov...
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