TEKSENG (7200) - TEKSENG: Shooting To The Sun
A follow-up techical story from the previous post.
Link are as follow http://klse.i3investor.com/blogs/discoverychannel/100333.jsp
Source: Online Trading Platform
The stock has been nicely formed cup and handle pattern during these past three months after trading higher to RM1.39 at mid-May 2016 and recent high of RM1.36. The pattern is basically indicating the stock in consolidation phase, but with a possible upside breakout as the stock is on mid-to-long term uptrend. With ROC went uptick today, accompanied by upsurge in volume, this suggest bull is ready to start run again soon. Should the stock close above RM1.36 anytime in the coming days, it is likely to retest RM1.39 and trade higher from there. Short term traders can establish their profit target at RM1.51 or fundamental value of RM1.58.
TEKSENG (7200) - TEKSENG: Shooting To The Sun
http://klse.i3investor.com/blogs/discoverychannel/101938.jsp
