Thursday, November 4, 2010

Rowsley

Rowsley: CIMB has Technical Buy Call. Highlight that stock is consolidating within a triangle and expect a breakout anytime from now. Trading volume is starting to pick up, while MACD has just reconfirmed its Buy signal with RSI heading higher after reversing ard the 40pt mark. Recommend aggressive traders to buy now with tight stop loss at $0.12. A breakout above $0.135 would see prices towards $0.15 and possibly even $0.17-0.175.

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