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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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Thursday, July 19, 2007

AnnAik



It is currently supported at 0.375. After yesterday's fall, it manage to move up and closed at 0.395 today, which is above its 20d EMA. Resistance at 0.4, 0.41, 0.42 and 0.445.

Base on the chart, we can see the volume spike keep increasing, meaning more and more investors are buying this counters. With its current business, this is a good stock for long term.

One of the securities firm has initiate a 12 month target price of 0.54.

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