KUB Malaysia Berhad – 13^th July 2008

KUB Malaysia BHD is showing an interesting trading opportunity. It tested the low @ RM0.28 but could not go lower. Then market showing buying interest as the volume rose after that. Doji @ high volume usually indicates Stopping Volume.

It has broken RM0.305 resistance.

Recommend to buy and Stop Loss @ RM0.305 level. If buy in, should watch for exit in one or two days. Next Resistance level is @ RM0.340.

This is a short term trade with marginal return.

Dynaquest Rating : <2.5

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