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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