Monday, June 16, 2014

Technical Analysis June 2014: L&G (3174)

LAND & GENERAL BHD (3174) 

Observation from Chart:-

L&G (3174) succeed breakout...

How high will this round go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

If retrace down, MA20 /MA50 would be immediate support.
Strong support @ RM0.5
4 level.

Once breakout RM0.61, another new high record been formed.
Higher high & high low, uptrend...

Do watch out reversal sign & take profit.

Let's watch closely.

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