FITTERS DIVERSIFIED BERHAD
Observation From Chart:
FITTERS bull run was start on end of March.
It create higher high & higher low & achieved RM1.15 high level.
Currently, it form a support at RM0.99 level & forming bolinger band squeeze.
However, it was trade below bolinger middle band & MA50.
If break down RM0.99 support, strong support level would be MA100 which is around RM0.925 level.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
Hi Quah,
ReplyDeleteShall we buy into this stock once it break above the upper band of the bolinger band squeeze?
Hi Vincent,
ReplyDeleteIf able break through upper band & it might hugging the bolinger band go higher high.
A good example is CIMB, it is hugging bolinger upper band go higher.
Have a nice day.