Bursa Malaysia Stock Watch

Salcon broke out of the Cup & Handle formation

kltrader
Publish date: Mon, 04 Jan 2010, 10:00 PM
kltrader
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Salcon broke out of the Cup & Handle formation: "Salcon had an upside breakout of its Cup And Handle formation. This breakout should signal the start of Salcon's next upleg. The immediate targets are RM0.80 & RM0.90-0.95. For more on Salcon, see my earlier post.


Chart: Salcon's daily chart as at Jan 4, 2010_10.15am (Source: Quickcharts)

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