Practice Makes Perfect
TENAGA - Recharged and Rebound?!
Chin Kok Tan
Publish date: Mon, 01 Aug 2011, 08:05 PM
Chin Kok Tan
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CK>> A making loss Q3 quarterly results announced on 21/7 has a huge impact to TENAGA share price. After a series of falling, it is now start to make U-turn and sign of rebound was seen today. Will it be just a technical rebound before continue dropping?
Erm... I guess it will at least rebound back to 6.50 level to close its previous gap at that level too, formed on 22/7. RSI shows oversold, should be at lower risk if accumulating now.
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Erm... Not sure. But based on my understanding on GAP, each GAP will eventually be filled... Hehe...
2011-08-01 22:32
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cmlooi
Looks more like sideways.
2011-08-01 22:26