Disclaimer

All postings and comments are based on my personal opinion. It is purely for sharing purpose and no inducement for any buying or selling.
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Sunday, June 17, 2007

Contel

After breaking the resistance at 0.195, it has continued to move up to next major resistance level at 0.235. Once it clear this, we will see it moving up to the next one at 0.3.

After recent rally and hitting 0.235, it is currently going through some consolidation before testing the resistance at 0.235 again.

With the significance increased in volume since April 07, it shows that more investors are investing into this stock which is a good sign. Together with its recent positive financial result, I believe there will be more to come for this stock.

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