Monday, January 20, 2014

CNA (technical)

CNA: Latest corporate development was made on 6 Jan when the group announced two contracts totalling over $9m for works at Singapore Changi Airport, taking its order book to $102.3m. Counter broke out of its pennant pattern today on relatively high volume. A close above $0.146 may portend an upside towards the next resistance level at $0.20.

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