Green Packet (0082.) +3.1% at 83 sen in heavy volume, breaking 100-day moving average and medium-term downtrend channel. Breakout accompanied by rising volume, "reflecting better appetite for the stock over the near term," says CIMB in a report.
Notes, indicators show more room to the upside; MACD turned positive while RSI is also rising. Resistance at 88.0 sen. "Investors who wish to ride through this breakout may start to nibble now.
Notes, indicators show more room to the upside; MACD turned positive while RSI is also rising. Resistance at 88.0 sen. "Investors who wish to ride through this breakout may start to nibble now.
However, a stop below 72.5 sen is a must, as falling below this level would signal the end of this rally," CIMB says. 





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