CANONE (5105)

An important development took place on 14 March 2016 where the price of CANONE broke the resistance of 3.83. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout. Resistance at 4.00 & 4.54 with support at 3.44 and 3.39

HAPPY TRADING & GOOD LUCK

BURSAMASTER

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The content published above shall only be for your sole and personal non-professional use. No guarantee is given on the accuracy or completeness of the information published here. No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on such information.http://www.thestar.com.my/business/business-news/2016/03/12/canone-mulls-sale-of-condensed-milk-ops/