SASBADI (5252): Poised for higher prices?
It was reported in the Edge newsletter that Sasbadi - involved in print
publication, digital publication & applied learning- is in the midst
of acquiring a company. This news might explain the recent rise in the
share price to about RM1.50. If the share price can surpass this level,
this stock may rise further. The immediate resistance is at RM1.50 and
beyond that, the next resistance levels are RM1.60, RM1.65 &
RM1.72-1.74.
Chart: Sasbadi's weekly chart as at Feb 6, 2015 (Powered by ShareInvestor.com)
Note:
In
addition to the disclaimer in the preamble to my blog, I hereby confirm
that I do not have any relevant interest in, or any interest in
the acquisition or disposal of, Sasbadi.
http://nexttrade.blogspot.com
