Technical Analysis Feb 2017: FLBHD (5197)
FOCUS LUMBER BERHAD
Observation from Chart:-
FLBHD (5197) trading within the band.
Will it breakout band?
Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM1.67 level.
Subsequent resistance @ RM1.73 level.
Immediate support @ RM1.59 level.
Subsequent support @ RM1.55 level.
Let's watch closely.
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