Monday, August 2, 2010

Weekly Trading Idea: Axiata

Weekly Trading Idea: Axiata

¨ The overall chart outlook has turned bullish.

¨ Strategy: Bargain Buy at above RM1.80 resistance-turn-support level.

¨ Immediate Resistance at RM1.95

¨ Immediate Support at RM1.80

¨ Exit: Cut loss if it falls to below the 10-day SMA of RM1.75

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