KFC Holding Continue North Direction?

Sunday, December 23, 2007

KFC Holding (M) Berhad already up almost 10% after my previous post from around RM6.00 to RM6.60 closed last Friday. Sure it is big money, 10% only for one week.. Anyway don't think too much on the return value. Just concentrate on your good trade, I am pretty sure you will not regret that! Here I just put the updating chart for KFC Holding.

KFC Daily Chart

KFC share price currenty just near the another trigger buy, red line. If price can go higher and can overcome RM6.65 support with bigger volume from previous trading session, I am sure the price will go more than RM7.00. If you see the RSI 14 also at the moment near the bullish area which more than 50 will consider in bullish area. Anyway, lock your profit if you are position in this trade. Just beware that last trading day showing volume slightly decrease from previous last session trading day. Good luck and happy trading!

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