CMA does not break through its resistant line at yesterday. It is struggling at the range of 1.16 - 1.18. However MACD shows that the golden cross is formed, but the momemtum and volume is not high. Normally golden cross formed the shares price will go up, but this counter does not have high volume to sustain the uptrend at the moment hence it may end up a short term rebound and going downward again as it never break through the 20days moving average.
I will wait and survey whether second rebound will be forming? If it happens and the rebounding is stronger then current price definately i will buy more for this counter. Tentatively i will set 1.2 as indication price to attract my attention to re-evaluate the buy call.
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