This is daily chart for TA Enterprise Bhd from 2007.01.05 to 2008.04.25. It ia obvious there is down trend channel from the high RM2.29 on 2007.02.21. The trend start to retest the 200 days moving average (pink line) and the MACD start to cross over and prepare to go into positive territory. It needs more volume to continue support the up trend. If it can build a base above the 200 days moving average, it means some accumulation behind.
The RSI in between 50 to 70 indicate the stock is ready to continue uptrend. Anyway it needs more volume to continue the up trend of the stock price.
At this price, the stock was traded at PE 7.22. This company is in the list of the composite. Compare this company with the index, this company is under perform.
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