Observation from Chart:-
BJTOTO rebound from MA200 support level & break through strong resistance RM4.47 level.
How high will this bull run go?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K still on BUY call itinerary.
As long as no reversal sign, it will go higher.
If retrace down, immediate support @ RM4.47 level.
Subsequent support @ MA20 / MA50 level.
Do watch out coming quarter result, which will announce around mid of Dec.
Perhaps the result will kick off the bull run.
Let's watch closely
0 comments:
Post a Comment