Friday, 5 October 2007
Multi-Con Systems (Spore) - Bullish breakout!!!
Multi-Con Systems also staged a bullish breakout yesterday. Trading volume was very good, suggesting that this breakout is genuine. There is still room on the upside here. Next target should be S$0.32-0.355. Downside risk - put a stop below the breakout level at S$0.24, maybe at S$0.23. Long term outlook looks good too. Something to hold for the longer term if investors choose to do so.
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