Practice Makes Perfect

MAHSING - Near the Bottom of the Range

Chin Kok Tan
Publish date: Wed, 13 Jul 2011, 07:10 PM
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Important Date:
13-Sep -> Ex-date of first and final dividend 7.6 Sen dividend.

CK>> Mahsing is trading at a consolidation phase ranging 2.52 to 2.69 since mid of April 2011. Today it closed at 2.53, which is near the bottom of the consolidation range.

It is still above 2.52 and I think can still hold until it breakdown 2.52 level. The next support level would at previous 2.29 level, which is near to its 200MA line.

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