Sunday, May 7, 2017

Technical Analysis May 2017: LUSTER (5068)


LUSTER INDUSTRIES BHD

Observation from Chart:-

LUSTER (5068) forming higher high & higher low.

How high will it go?

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

Immediate resistance @ RM0.145 level.
Subsequent resistance @ RM0.19 level.

Immediate support @ RM0.13 level.
Subsequent suport @ RM0.115 level.

Let's watch closely.

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