Affin broke out from the tough hurdle of RM2.70 last Tuesday. After consolidating at between RM2.40 - RM2.70 region for nearly three-and-a-half months, Affin’s share finally broke out from the tough overhead hurdle of RM2.70 last Tuesday, spelling a bullish technical breakout. It then charged forward and marched to a high of RM2.86, its highest level since Nov 2007, before easing back to end with a negative candle on Friday, following a “shooting star” candle recorded on Thursday. It settled the week at RM2.80, well above the breakout point of RM2.70.
Affin Holdings Berhad : Bargain Buy Near RM2.70 For A Rally Towards RM3.08…- 08/03/2010
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