On 3/9/15, FLBHD made a “1 good bar with 1 good volume", in which it broke the triangle and also MYR1.60 resistance as stipulated inside the chart below. In addition, it was well supported by MA50 (blue solid line) since last week and MACD lines also crossed above 0 axis since few days back.
If FLBHD to trade above and closed any price higher than previous day high witg Bollinger Band opened wider, foresee the rally could continue and testing the historical high of MYR1.74.
Kindly refer to fatta888.blogspot.my/2015/08/flbhd-5197.html?m=1 for fundamental of this this counter as FLBHD is one of our value investing stocks.
Happy trading!
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