Gpacket Slump Down For A Few Days

Monday, March 30, 2009

Gpacket Weekly Chart

Gpacket Daily Chart

After I posted on 10/3/2009 which Gpacket trading in trapped symmetrical triangle. Then a few days after, the downtrend continue rallied. Today it was closed at the RM0.805 which currently traded in high volume at its support. The best for me to trade is waiting for the confirmation candle to trade and the volume as well.


2 comments:

Anonymous,  March 30, 2009 at 9:22 PM  

This stock is heading towards 40 sen at best. The new investors got cold feet and would not be putting money. Do remember, Gpacket only gets 50% of the revenue from P1. The P1 service is not up to published standards, a lot of new sign up are returning the big modem.

swingtradestocks,  March 31, 2009 at 8:46 PM  

Thanks for your comment... Anyway, how you do that it will going to 40sen? Just want to gain some info actually...

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