FY09P/E: 9.2x, P/BV: 1.0x
• SAAG is now entrenched in a Triangle pattern. It appears that selling pressure is slowly subsiding and a potential breakout looks imminent. A break above RM0.30 resistance trend line would lift the stock towards RM0.315 and RM0.325 next.
• Its indicators are showing signs of improvement. MACD is rising towards the zero line while RSI has hooked upward again.
• Traders with greater risk appetite may want to start nibbling now and wait for the breakout to materialise. However, always keep a stop below RM0.26 as next support is weaker at RM0.24 and RM0.21.
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