Friday, October 30, 2009

Titan

Titan moved up to RM1.25 after impressive financial announcement. On the same day, relatively high volume traded and the price didn't push higher. The following days, selling pressure kept the price closed lower. The support should draw at RM1.13 in order to push higher in the next round.

I personally missed the chance to sell out my shares due to impressive financial result. TA revealed it still has potential move higher as long as the support doesn't break.

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