Can Oldtown still continue its rally tomorrow on its T3 day? All the indicators are looking good though, however it is near to T4, which is quite uncertain though, as the past three days were up days for this particular counter.
The directors bought in at 1.70, followed by 1.75 couple of days later.
Previous high 2.05, have not been tested yet on last Friday, however, 2.02 resistance has turned support for now.
At closing on Friday 27/7/12, a one gulp "makan" at 2.03 sell Q of 2k over lots were done and an additional of 7k Q to BUY were placed immediately after 450pm closing. This kinda show a pretty high demand at 2.03.
All indicators looking good upwards now, if it were to breakout above successfully on this coming week, probably we might be able to see it reaching 2.10.
What do you think? Will there be some correction done tomorrow before rallying further? Or will it straight away shoot up high and fall lower in the later part of the day and closed lower?
Let's watch it. I find it pretty interesting to watch Oldtown counter.
No comments:
Post a Comment