
CAHYA MATA SARAWAK BERHAD (2852)
Observation from Chart:-
After consolidate around 1month & forming bolinger band squeeze.
On 4 Jan 2011, CMSB already break up bolinger band squeeze.
There is a gap up on 12 April 2010, from RM2.83 to RM2.88 level.
Next subsequence resistant RM2.83, RM2.88, RM2.94, RM3.07
However, if retrace down, may look for RM2.74 & RM2.68 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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