On Friday 16 August, there was some profit taking from 0.380 ~ 0.390 before 11.30am because some panicked before the EGM whether what will be the exercise price of the free warrant. After about 11.45am, it shoot up to 0.40 and shoot up again after 3 to 0.42 after they got the information that the exercise price will be at 0.33.
Based on the chart it will test the next resistance at 0.43 and probably next resistance will be at 0.46 ( TP from RHB).
MACD - Positive
RSI - Positive
STO - Positive
ICHIMOKU - Positive
REsistance at 0.43 and 0.46
SUpport 0.37
mahtani
wait till 0.44.
2013-08-17 10:59