Support Line


BY K.M. Lee

ECM Libra touched an intra-day high of 98.5 sen, supported by huge trading volumes yesterday, also the best level since October 2007. With indicators maintaining the bullish posture, they suggest more upside potential in the pipeline, targeting a re-test of the previous rally peak of RM1.27, established on June 21, 2007. Initial support is seen at the 90-sen mark.

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