DAIBOCI start moving

Technical Outlook
I manage to draw a symmetrical triangle trendline for DAIBOCI base on its  share price movement for the past two years. It is a continuation pattern.

Last month, share price manage to break above resistance RM2.65 and stay above. Today, it closed at RM2.89. I think the uptrend has started.

Immediate resistance RM3.00, then RM3.30. Guess what, when i put the widest distance into measure, it gives me a RM1.68 different. Apply into RM2.65(the breakout point) put the target price to a whopping RM4.33, near to 50% upside.....haha

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QL downtrend's over

Technical Outlook
QL shareprice been trending down since May 2011, from RM3.30 or even RM3.45 if you like.

On 15/12/2011, it break above resistance RM2.90, with a fair volume. It has move up 7%, and share price standing firm at RM3.09 today. Immediate next resistance RM3.20, follow by RM3.30. MACD, ADX as well as moving average show positive signal.

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