Observation from Chart:-
L&G (3174) bolinger band squeeze..
How about this round, will it breakout ?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.
Parabolic Stop & Reversal trigger BUY call.
If retrace down, MA20 /MA50 would be immediate support.
Strong support @ RM0.54, which is MA100 support level.
Once breakout RM0.585, higher high been formed.
Subsequent resistance would be RM0.61 level.
Let's watch closely.
0 comments:
Post a Comment