Value Invest : Coastal followup Jan2012

Well, the last post I mention about her is that I'm expecting her to climb the uptrend channel but she failed to do that. 

And now..........


FA ,
Today there is a FEW announcements as below,
COASTAL has received a notification dated 19 January 2012 from Mr/Ms xxx, a "major shareholder" of the Company, of his/ her intention to deal in the Company's securities during the closed period pending the announcement of the Company's fourth quarterly financial report for the period ended 31 December 2011.
So, is there something brewing coming which is favourable to Coastal price going up ???

TA wise, 
Hmmm....today she did a BREAKOUT her RM2 psychological/classical resistance with a high volume. So, I'm expecting her to climb at least till RM2.11 & the RM2.19 would be quite possible.