LKL Daily Chart
From the labelled chart showed above, LKL (0182) is making a possible
W-shape if the 50% or MYR0.295-0.300 of Fibonacci Retracement level can
be broken decisively with notable increased in trading volume and stay
above this level in the coming trading days. In addition, Bollinger band
started to open wider indicating a possible rebound from bearish to
bullish might take place soon.
JAYCORP Daily Chart
JAYCORP (7152) able to close above the triangle pattern in the latest session with significant increased in traded volume.
Foresee JAYCORP would be trading above the triangle in the next trading days.
Good luck and happy trading!
Disclaimer:
All
posts and documents submitted in this blog are solely for open
discussion and education purposes only. All recommendations and opinion
provided are solely for your consideration only and you should exercise
your own judgment in forming your own investment decision(s). Please
also be informed that equity investment is risky and we recommend you to
conduct sufficient searches for information in addition to referring
our recommendations and/or opinion herein, prior to making an investment
decision.
You
should take full responsibility of your investment decision(s) and we
accept no liability whatsoever for any direct or consequential loss
arising from any use of our recommendations and/or opinion provided
herein or any solicitations of an offer to buy or sell any securities.
Comments and opinions forwarded/provided by members/followers of this
blog do not belong to the Admin and we take no responsibility of such.
http://fatta888.blogspot.my/2016/07/technical-stocks-to-watch-on-1572016.html
