Technical analysis on Affin

We spotted Affin using the technical analysis tools on last Wed meeting. We asked our investors to watch for the stock price to break the resistance 2.19. If they wish to buy this stock, the price must sustains above 2.20 with buying volume. Most of our investors went in on Thursday and hold over Friday. The volume was dropping on Friday however the price still able to close positive(2.34) with some pulled back from the high 2.37. If the volume and the price continue to drop, we will cash out this stock first. But we will continue to hold for a while if it started to consolidate without any selling pressure.

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