Wednesday, January 11, 2012

SUPERMX - There goes the "Trigger"

SUPERMAX - Poised for a rally back to its 2010 highs

  • Strong fundamental & financial, unique product mix
  • Anticipated Strong USD (translating into stronger sales figures)
  • Latex & rubber prices trending downwards
  • Possible H5N1 epidemic breakout

All in all, now that the price finally broken out of the RM4.00 resistance (now turn STRONG support), we are well ready for a rally all the way up to RM5.50, or higher, to match its previous high in the year of 2010.

Happy Hunting!!!

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