TATGIAP (5178) - TATT GIAP GROUP BERHAD


small cap tat giap climbed to a year high of 29c mid april before a prolonged profit taking plunging it to 17c - 22c levels.

Rumours has it that Japan Nippon Steel has taken a likely interest in this company. However, technically strong support is seen @ 17c, 19c levels.

A breached of overhead resistance of 22c would most likely test the 245 and 275 levels again.

indicators are mostly positive at the moment. May spring a big surprise if the NIPPON STEEL NEWS IS TRUE.





caveat emptor


http://klse.i3investor.com/blogs/MJPERAK/128033.jsp