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Saturday, January 8, 2011

Tenaga

Dear t12perry
Pertaining on your request on Tenaga

Referring to the chart which says everything. This is going down sadly

















All indicators are showing downtrend.
S1 - 6.48
S2 - 6.41
S3 - 6.24

We should hold from buying into this counter until we can see a reversal with higher high and higher low theory

2 comments:

  1. i have tenaga - cp at 0.9 cent.....lowest ever ...it's laggard of klse...any chance to rebound soon

    ReplyDelete
  2. Normally all the Warrant will follow the mother shares

    Currently Tenaga is showing downtrend and it will further goes down and it support is

    S1 - 6.48
    S2 - 6.41
    S3 - 6.24

    Just wait until we can see a strong reversal
    1) Candlestick - Hammer on the support
    2) For new Higher High and Higher low but currently it is showing a downtrend by showing lower high and lower low

    ReplyDelete

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