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Pelikan Likely Hits RM 1.80 By Oct 2009

Pelikan is making to way of recovery like most of the share. This favor share by OSK investment have a target price of RM1.85 so base on the chart RM1.80 is the resistant level and RSI and W%R show the up movement is supported. So I think likely Pelikan will hits RM1.80 level by OCT 2009


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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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