Wednesday, November 14, 2012

Stock Analysis : CBIP

CBIP : At 2.70, broken the RM2.50 previous high registered in DEC2007 ... this is a monthly adjusted chart, the low was at 23cents when market crashed in 2008. Assuming we bought at 27cents, that is 10 times our capitals? wow.

The chart is showing topping, so ... I will not be checking at RM2.70, but perhaps when it could correct back to RM2.50 support levels?

Time to sleep ... another long day ahead.



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