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Monday, September 04, 2006

Dairy Farm

As request by Ace. Listed since 20 February 1991 on SGX Mainboard, Dairy Farm International Holdings Ltd is a leading retail player with numerous retail stores such as supermarkets, hypermarkets, health and beauty stores, convenience stores, home furnishings stores and restaurants located all over Asia.

From chart, today price shoot up from yesterday's 'doji', confirming the reversal
. In the process, it had also brokeout of resistance at 3.18, but closed lower at 3.14 on market close. Once 3.18 is convincingly broken, next target for Dairy farm is at 3.46.

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