Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Friday, March 25, 2011

CIMB Research sees more upside for Mah Sing share price

“If our count is right, prices should inch past its 30-day SMA (now at RM2.49) very soon. Thereafter, it should move towards RM2.58 and RM2.70 next,” it said.

Read The Edge

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