A STEEP rally that started in November last year sent Tien Wah Press Holdings Bhd
(Short name: Tienwah; Code: 7374) to a high of RM2.72 on Jan 13, the best level since April 1997.
Slightly more than a month later and after undergoing a typical consolidation process, the bulls re-tested the rally peak once again, but the second bout of buying was not solid enough to bring about a breakout, therefore resulting in a “double-top” formation.
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