Tuesday, February 8, 2011

IGB Review - Feb 2011


TA analysis for IGB
1. Stock price moves within 20d Bolinger lower band.
2. RSI touching 30% and it is good time to purchase to fund managers.
3. Buying momentum is recovering.
4. Huge buying volume is coming.
5. If previous buyers all return for the counter, the stock price can break Bollinger Band Upper Limit @RM2.32.

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