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Star BizWeek: Supportline
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KarenSoft Technology Bhd
HAVING rebounded from the downside of 72.5 sen to trade within a tight 10 sen band above the immediate support of 90 sen for nearly a month, this stock may be building a base for the next wave as the stochastic momentum index flashed a short-term buy signal the previous Friday. A positive breakout from the RM1 strong hurdle would indicate the resumption of a rally. The next upper target would be the RM1.10 mark.- 5/4/2004 |
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