Tuesday, December 21, 2010

ARA - Based on Graph Analysis


Based on technical analysis without fundamental support, the graph shows a strong upward trend with STO over-bought. The graph also touches the upper boillingband which pushes the stock price even higher.
Estimate target price: +2.5 cents
*personnal opinion. View at your own discretion.
Feel free to comments. Cheers.

2 comments:

  1. At of 1700hrs on 22 dec 2010. ARA closed at 1 cents higher. Nice.

    Let's hope GMG and Wilmar UP UP UP tomorrow..

    ReplyDelete
  2. Targeted price hit on 6 jan 2011.

    ReplyDelete