Long, recommended stop loss 15.90, and the price expect to surge until 23.26.
HLBANK Theme: Finance Rst: 19.36 Spp: 18.60 Forging higher high wave, with BB continues to widening northward, plus indicators remain healthy, achieving BO above 19.36 is possible.
HLBANK Theme: Finance Rst: 19.36 Spp: 18.00 Healthy consolidation above MA50, supported by widening BB and bullish RSI, MACD, shall gradually move to challenge the critical resistance at 19.36 again in near term.
Penetrate resistance at 18.50 . Candles stay above EMA20/ 40 indicating short term upwards bias. MA 50/100/150/200 all pointing towards upward trends. Huge money flow in to bottom fish from 17.45 with increasing price momentum. Nice cup and handle chart pattern formed. Next resistance 19.60 21.30
CATEGORY: NON-SHARIAH CCI: STILL LOW. BELOW 0 MACD: HISTOGRAM MOVING UPWARDS, MACD(BLUE) IS CROSSING MACD SIGNAL (ORANGE) RSI: BELOW 70 BOLLINGER BAND: IN THE MIDDLE BAND. 2 DAYS BEFORE HIT LOWER BAND EMA(15 DAYS): PRICE NEARLY CROSSES 15 DAYS EMA ACTION: WAIT FOR CONFIRMATION WHEN PRICE CLOSES ABOVE 15-DAYS EMA LINE. STOP LOSS AT RM18.420 TAKE PROFIT WHEN...