Tuesday, December 14, 2010

Technical Analysis Dec 2010: HAIO (7668)


HAI-O ENTERPRISE BERHAD

Observation from Chart:-

HAIO been consolidate since Mid of October till today & forming bolinger band squeeze. 

According pass history, HAIO will announce their Quarter 2 result before Christmas...

Will it break up OR break down bolinger band squeeze?

If break up, HAIO should be in good & expectable revenue + profit...

If break down, may look for RM2.84 & RM2.70 support level.

Let watch closely...


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

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