Tenaga Broke The Down Trendline

Monday, December 10, 2007

Tenaga Daily Chart

I didn't noticed that Tenaga already broke the down trendline last week and entry method using tendline should be on 3rd December 2007. The lowest price is RM8.65 and broke the down trendline on 27 November 2007. Using the trendline method for entry, price projected can be calculated by RM9.30 - Rm8.65 = Rm0.65. Price target: RM9.30 + RM0.65 = RM9.95! That has been passed and I missed the boat. Mmmm... The highest price was trading last week is RM10.10 and turn down closed at RM9.80. Please leave your comments if you have some idea or tips about this counter. Thanks...

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