PPHB Daily Chart
PPHB (8273) opened gap up during the latest opening session and closed higher with full bar with accompanied by higher than average traded volume. This gap formed became the strong support for PPHB indicating a possible strong bullish ahead.
Strong resistance of MYR1.00 is the next target that PPHB is going to test and foresee this resistance can be broken above if the market sentiment is bullish.
HOMERIZ Daily Chart
HOMERIZ (5160) eventually made a successful breakout from the consolidation range in the latest session as it tried to make a breakout on 20/7/2016 but failed to do so.
Because 1 good bar with 1 good volume was seen in the latest session, foresee HOMERIZ will testing the next resistance of MYR1.01.
Good luck and happy trading!
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.