Bursa Malaysia Stock Watch
Talam may have a bullish breakout
kltrader
Publish date: Fri, 23 Apr 2010, 11:06 PM
kltrader
0 20,639
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Talam may have a bullish breakout after surpassing the horizontal resistance at RM0.14 (see Chart 1). The next resistance is around RM0.20 level and then at RM0.24-25 (see Chart 2).
Chart 1: Talam's daily chart as at April 23, 2010_9.05am (Source: Quickcharts)
Chart 2: Talam's weekly chart as at Apr 19, 2010 (Source: Tradesignum)
Based on the technical consideration, Talam could be a trading BUY. I have not looked into the fundamental aspect of this company nor the restructuring of the company.
Chart 1: Talam's daily chart as at April 23, 2010_9.05am (Source: Quickcharts)
Chart 2: Talam's weekly chart as at Apr 19, 2010 (Source: Tradesignum)
Based on the technical consideration, Talam could be a trading BUY. I have not looked into the fundamental aspect of this company nor the restructuring of the company.
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
2
Koon Yew Yin's Blog
CPO price is rising rapidly as shown by chart below - Koon Yew Yin
3
5
save malaysia!
Visa-free travel to China extended for Malaysians to 30 days
6
7
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
