QL downtrend's over

>> Wednesday, January 4, 2012

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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