I guess it is fair to edge up a bit. I prefer this counter to rise up slowly rather than an explosive upward and immediately downward again. Currently sitting at a strong support I think.
The price for tomorrow will depends on what are the Fed's decision. If it is positive, it could spark the volume to push the price up to 0.345 or even 0.350
Just my newbie opinion. The probability I'm wrong is greater than right due to my lack of experience. haha
We can expect the volume to be lower because there are a lot of good counters still on 'sale' today. The directors perhaps will not buying the shares yet until the upcoming AGM.
However, 0.345 is sustainable for today with the best case scenario having this counter edges up a bit more to 0.350. More than that would be a miracle for today unless BANG out a news that could satisfactorily push up the price.
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Alex Leow Sze Shen
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Posted by Alex Leow Sze Shen > 2012-09-13 10:59 | Report Abuse
Still in correction mode...that's why not up yet, if up also will be like tortoise