SAAG 9652 updates

Prices 12 Months
high 0.395  (14-May-09) low 0.140  (17-Mar-09)

The minor support at 0.17 already broken. 0.15/0.14  is the final support level.
My Elliot wave reading says it cannot go below 0.14 . Assuming it's right and 0.14 is the worst it can go, the reward over risk still tremendous. The reward need a lot of holding power (time).

Click to enlarge: SAAG daily chart: saag-latest

Previous blog post on SAAG klse stocks blog

http://biz.thestar.com.my/saag

Prices 12 Months
high 0.395  (14-May-09) low 0.140  (17-Mar-09)

The minor support at 0.17 already broken. 0.15/0.14  is the final support level.
My Elliot wave reading says it cannot go below 0.14 . Assuming it's right and 0.14 is the worst it can go, the reward over risk still tremendous. The reward need a lot of holding power (time).

Click to enlarge: SAAG daily chart: saag-latest

Previous blog post on SAAG klse stocks blog

http://biz.thestar.com.my/saag

2 comments:

Ivaan said...

what happened to SAAG?
any new support to your opinion?

Aree said...

Ivaan,


Hopeless for now.
New update at http://klse-stocks.blogspot.com/2010/03/saag-hopeless-for-now.html.