BOUSTEAD HOLDINGS BERHAD
Observation From Chart:
BSTEAD rebound from RM4.55 low.
As today, it closed at RM5.46 (+RM0.91)
How high will it go further?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K overbought stage.
Strong resistant at MA100 which is around RM5.59 level.
Strong support at MA50 which is around RM5.22 level.
High probably will consolidate within MA50 & MA100 before go higher.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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