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Sunday, April 1, 2012

Bursa Stock : Haio (1818) ( Hold )

From tokan corner view

 

HAI-O ENTERPRISE BERHAD

 

Observation From Chart:

 

HAIO has entered in buy signal in weekly chart ( im using 5yrs weekly data )

Will it break through the hidden resistance line ?

 

Suggestion :

 

Better wait at 2.03 -2.07 area to buy on dip ( lower at 2.03+ best price )

Then lets see will it pass the hidden resistance line? If ya....hold it huat huat ( long term )

Hold it till at fibo 61.8% (3.63-3.86) or let it fly to 4.92

 

Reminder : It need to pass above from the hidden resistance line or it will being thrown back to 1.55 area back

Just my 2 cent of view @ http://tokancorner.com/

Haio

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