The recent hike of Mflour on 5/7/12 from 1.50 to high of 1.59, and closed @ 1.55, continued with its next day slight hike up to 1.56, H -1.60, C - 1.59 with some volume seen.
These two days were not much of an upward movement, where by it settles around the range of 1.60 - 1.64.
I'm anticipating for it to break above the trend line, so that we could see some nice profit @ 1.70 level.
R @ 1.65 - 1.70 - 1.74.
S @ 1.60 - 1.59.
No comments:
Post a Comment