Saturday, 11 June 2011
Stock Watch: O&G
Oil & Gas party again? SAPCRES already fly. KENCANA has shown sign. DIALOG is ready?
Kencana is approaching its previous high again with strong volume, can it break its resistance this time?
Kencana: form an ascending triangle
Dialog is still on a beautiful uptrend, currently lingering aroung RM2.80. If market sentiment is good, might be able to break its previous high of RM2.83 easily. Watch out for its warrant: Dialog CC.
However, yesterday's US market close down and this doesn't help...