Saturday, August 2, 2014

Technical Analysis Aug 2014: HAIO (7668)


Observation From Chart:

HAIO succeed breakout ascending triangle resistance.

How high will it go?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM2.70 level.
Subsequent resistance @ RM2.74 level.

Immediate support @ MA20 level.
Subsequent support @ MA200 level.

HAIO keep on perform Share Buy Back, till today Cumulative net outstanding treasury shares as at to-date is 3.27% of outstanding shares of the listed issuer.

Based on pass history, HAIO do distribute treasury shares as bonus issue.

So, how do you think about this round? 

Pass history on HAIO dividend.

Let's watch closely.


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