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Saturday 13 October 2012

TA on HEXZA


Support: 0.62 / 0.64
Resistance: 0.61 / 0.60

Spotted little bullish based on chart above due to coming dividend announcement?  If look back to the last year's movement, the next day gap up after 10% dividend is announced on 24th of October 2011.


Based on their dividend history, I believe they are going to announce dividend soon or anytime at the end of October.  Expected before or after Hari Raya Haji?  Let's wait and see how its perform next week.

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