December 28, 2011

Digi:Two Difficult Rubicons

If you follow the price trend of Digi shares, you will notice this.

Boxed Pattern

It really had a tough time moving from RM3.60 to RM3.70. Now it is again at the threshold of another barrier-the second Rubicon to cross-the RM3.80 barrier.

Today, it can be seen that there is a deluge of sellers at RM3.79. Fortunately, buyers sprung out at RM3.78 to support Digi's price.

There is just two whole trading days left before we enter the Year of the Dragon.

Today, it  closed at RM3.79 for a one sen gain.

Will Digi pass the RM3.80 threshold in this given time?

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