Friday 13 November 2015

Technical Stocks To Watch on 13/11/2015 – LCTH (5092), PPHB (8273) & HEXZA (3298)



LCTH (0163) made a new high again on 12/11/2015 with increased in traded volume and Bollinger Band opened wider.


LCTH Daily Chart

In addition, it also broke the 2 shorterm downtrend lines with well supports of 10-days Moving Average (centre line of Bollinger Band), forming a higher high during the session ended.

Foresee LCTH will continue to make new high in the next trading days.


PPHB (8273) eventually broke the shorterm resistance level of MYR0.92 with surged in traded volume on 12/11/2015.


                                                                     PPHB Daily Chart
 
Foresee PPHB should trade higher in the next trading days with possibility to test the historical high @ MYR1.04.



HEXZA (3298) has failed to break out the historical high of MYR0.955 on 11/11/2015 although the highest price done on that day was MYR0.965 but it closed @ MYR0.935 during the session ended. 
                                                                 HEXZA Daily Chart
 
However, foresee HEXZA will try to test that level again in the next trading days based on the evident of the latest 3 consecutive days traded volume was higher than the average and it still trading within the upward parallel lines since end of August 2015.  







Good luck & Happy Trading!



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