Friday, July 5, 2013

**** Monitor Closely: HiapTong. Share Price 0.38. (Positive if the 0.400 breaks out)

HiapTong has cleared the immediate resistance level at 0.34 yesterday and traded higher today again. Like to consolidated from 0.35 to 0.39 before more upside.  Has staged a strong uptrend since the beginning of the year and currently at an all time high. Next critical resistance is firmly at 0.400. Can see it trade higher if this level clears out completely. A break above 0.400 can pave the way to test 0.500. Top 5 volume seen currently on uptick signaling short term strength.
Stop loss at 0.34 

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