![](http://3.bp.blogspot.com/-DOtCNyWOI3g/T0BUHxvlNRI/AAAAAAAABsg/5nf95QouyNc/s320/2012Feb-RSAWIT.png)
RIMBUNAN SAWIT BERHAD
Observation from Chart:
RSAWIT hugging bolinger upper band, go higher high.
How high will it go?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K still on BUY call, but already reach overbought stage.
If retrace down, RM1.10 is immediate support.
Subsequent support @ MA20 level.
As long as NO reversal candlestick, it have potential to go higer.
Let watch closely...
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