Bursa Malaysia Stock Watch

Lonbisc may have a bullish breakout

kltrader
Publish date: Fri, 16 Jul 2010, 03:43 PM
kltrader
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Lonbisc has just broken above its downtrend line at RM1.13-15. Its next ressitance levels are at RM1.30, RM1.50 & RM1.65.


Chart: Lonbisc's weekly chart as at July 16, 2010_9.25am (Source: Quickchart)

Based on the above, Lonbisc could be a good trading BUY.
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