Taliworks Corporation

Thursday, December 16, 2010


I like TALIWRK. Recent decline went to RM1.12 - its book value per share. Volume churn for the last 2 days. On Monday, there was volume without a price surge. Yesterday, price and volume moved up in tandem. Since it is at a "bombed-out" low at 1.12, stop-loss level is at 1.10. Support at 1.12, 1.22 & 1.28. Resistance at 1.34, 1.41 & 1.49. Happy trading.

source: maybank IB

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