ADVENTA ( Code : 7191 )
Technical Comments: Positive technical momentum on Adventa shares imply upside bias towards the 38.2%FR (RM2.83), with higherresistance seen at the 50%FR (RM3.42).
SUPERMAX ( Code : 7106 )
Technical Comments : For Supermax shares, pickup in buying momentum and bullish indicators support a breakout above the 23.6%FR (RM4.42) to target the 38.2%FR (RM4.84), matching the Oct 2010 peak, with next higher target at RM5.18, the 50%FR. Support is at the mid Bollinger band (RM4.18).
DISCLAIMER
The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.
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