Monday, September 05, 2005

HABIB - STRONG RESISTANCE AT RM2.20

Habib shares shot up today closed at RM2.03, 44 cents higher. Temasek and Fullertone - Singapore based companies acquired Habib shares. SCOMI acquired Habib shares as well. Buying sentiment in open market increases due to these factors. Some traders have started to take profit at today price level. It faces a Strong Resistance at RM2.20.

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