Technical Comments: Bullish momentum on Tanjung Offshore should enhance breakout potential above 77.5sen (29/5/13 peak) to target 90sen (123.6%FP), 97sen (138.2%FP) and RM1.03 (150%FP) ahead. Important retracement support is at 65sen (23.6%FR).
below: Tanjong Offshore Daily Chart (click to enlarge)
by TA Securities
Tanjung Offshore Berhad is principally an investment holding company.
