Support Line


Fitters Diversified reversed from an intra-day peak of 82.5 sen in early business, the best since November 1997 to close unchanged at 80.5 sen owing to an apparent profit-taking activity yesterday. Though other indicators remain bullish, the unconfirmed sell signal on the stochastic suggests consolidation in the short-term, with support anticipated at the 70 sen line. To the upside, heavy resistance is expected at the RM1 mark.

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