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Home Forum Consumer Products COCOALAND Holdings

COCOALAND Holdings
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9:42 am
May 14, 2011


shanti

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COCOALAND Holdings established a fresh all-time high of RM2.89 during intra-day session before trimming gains slightly to settle at RM2.87, up 31 sen yesterday. Apparently, the moving average convergence/divergence histogram is positive. Together with the stochastic maintaining posture in the bullish territory, they suggest prices are likely to continue exploring the uncharted territory, targeting the RM3 psychological mark or the RM3.30 level. Support is resting at RM2.60.
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