Momentum Play - Latexx

Well, Latexx is doing a symmetrical triangle,  if Tuesday push up with high volume, then there will be a breakout from the triangle with a Profit target 2.27. Lets see, how she react on Tuesday morning, a climb above 1.96 with high volume would be a strong signal there will be a breakout. Once enter, if she closes below 1.94, then, then I would consider the breakout not successful. Hmm...lets see the trade is on or not on 27/Dec.

FA point of view, the below charts says it all ;) , beside Latexx, as blogged by me under my Value Invest list, Coastal is also in the list. The other company worth mentioning is HSL (Hock Seng Lee), I keep to write her up till later as the Technical show some signal.

Latexx among 14 Malaysian firms on Forbes Asia's 'Best Under a Billion' list

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Malaysian firms on Forbes Asia’s Best Under a Billion list 2011
	Sales (US$ mil)	Net Income (US$ mil)	Market Value (US$ mil)
Coastal Contracts	219	65	331
EA Holdings	7	1	16
Hartalega Holdings	243	63	677
HELP international	34	6	100
Hirotako Holdings	93	12	108
Hock Seng Lee	158	24	285
KKB Engineering	87	25	148
Latexx Partners	161	21	125
Masterskill Education	102	33	235
Mudajaya Group	282	70	506
MyE.G. Services	19	6	128
Top Glove	663	78	1025
Vitrox	28	10	92
Xidelang Holdings	151	25	44