![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhwJMAi8PALsp1l_bcx31vT9HeS_WHZqEG9maCzcL9aJKONYU1OB77xK82pML7zz2o22j2sPyRBcUoSX8KbOhPQtqe5QvjZzEx5b58OuaQ__wwwLN8h73aO4zZIM-4aoNM-q9JoLafV6KM/s320/2011Dec-BSTEAD.png)
BOUSTEAD HOLDINGS BERHAD
Observation From Chart:
BSTEAD keep consolidate & forming bolinger band squeeze.
Will it break through RM5.59 resistance level?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K no clear signal.
Strong resistance around RM5.59 level.
Strong support around RM5.24 level.
From the volume of acquired, high probably will retest Rm5.59 level.
Let watch closely for break out.
Observation From Chart:
BSTEAD keep consolidate & forming bolinger band squeeze.
Will it break through RM5.59 resistance level?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K no clear signal.
Strong resistance around RM5.59 level.
Strong support around RM5.24 level.
From the volume of acquired, high probably will retest Rm5.59 level.
Let watch closely for break out.
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