![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgOu6GCHgX352hMOmhUMm2oAuCa169KX3b-0GYqHPyC_j3Fg-ikTQ20wXAuGUzSeNy0AbwxyND2SJFlrIEQb-gHrq7c9Nv6_ftlFnAhN1Tp3CLBiUq7oXwA8Wtr40TnPj_BmM6KhGirkv0/s320/2011Oct-BJTOTO.png)
BERJAYA SPORTS TOTO BERHAD
Observation from Chart:-
BJTOTO is forming bolinger band squueze, which trading within RM4.16 & RM4.26 level.
On the other view, we do observed it do forming higher low but pending higher high formation.
Short term wise, it might retest RM4.32 level & retrace down retest lower triangle line. Then we may define it forming ascending triangle.
However, if break through RM4.32 level, the higher high might be formed.
A complete cycle of higher low & higher low been formed then that's confirmed an uptrend.
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K been trigger BUY call, pending confirmation.
Let watch closely...
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
MACD trade at positive region, uptrend sign.
Stochastic %K been trigger BUY call, pending confirmation.
Let watch closely...
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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