[image: BUMI Plc (31may2011).png]

Settlement as of 31/05/2011, at 5:45 p.m.

Marginal fall for Vallar Plc as it records *-0.84% decline*. The share *had
a difficult start* at 1,178, below the prior session's low, and drifted
further as trading continued. Vallar Plc's weekly trend is more sluggish
than the benchmark's movements. *The downswing could create selling
opportunities* for Vallar Plc stock.
Status and Trend Analysis

The technical picture for Vallar Plc *suggests that the bearish trend is to
continue* towards a test of the 1,168.3 floor, while the 1,188.3 area
represents the current price ceiling. *The outlook is for an extension of
the downtrend* to test new lows identified at the 1,161.7 level.
Risk Analysis

Vallar Plc's downtrend is under control, as the trading activity of
institutional investors is having a stabilizing influence. Daily volume
equals 8,293, which is, in fact, higher than the 1-month volume moving
average of 57,282, while prices have fluctuated little with daily volatility
at 1.701.

'+'

<<BUMI Plc (31may2011).png>>

Kirim email ke