Observation from Chart:-
L&G (3174) retest RM0.48 resistance level again.
How about this round? Will it breakout the resistance?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
If retrace down, MA20 would be immediate support.
Strong support @ RM0.43 level.
Once breakout RM0.48, another new high record been formed, we may drive through the trend.
Do watch out reversal sign & take profit.
Let's watch closely.
What's your view on L&G at 0.57 now? It' seems to be still trading inside an uptrend tunnel. Any comment will be appreciated :)
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