Chip Eng Seng is a highly followed stock with strong support. High volume expected in coming trading sessions with renewed interest after it broke out emphatically from the triangle on Friday (05/Oct/07). Expect high ranging trading on Monday with price fluctuating from 0.835 ~ 0.88. Would expect strong support at 0.835. Next immediate resistance will be 0.895.
If fall below 0.835, it means bull trap. Will further descend to 0.78 and 0.755. Cut loss at 0.830.
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