Hidden inside every chart is a story. A story about where the price has been and where it might go in the future. Some stories are obvious. Others are a little more difficult to figure out.
Monday, March 08, 2010
KYM to test 1.08 resistance
Chap Ayam indicator highlight KYM Holdings Bhd today. The stock touched yearly high at 1.05 on 12 Feb before corrected to 85 sen. Now it bounced back on increased volume that i believed potentially testing 1.08 resistance soon. (click on the image to get better picture) If that level breach, the new resistance would be 1.50. Other than KYM, the chap ayam indicator also flashed - Latitude Tree Holdings Bhd that potentially testing the 2.63 resistance level.
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