Technical Stock To Watch on 4/3/2016 - REXIT (0106)

Though REXIT (0106) currently is trading downtrend but it was well supported by MYR0.555 level even this level was once being breached below with higher than average traded volume.
 

REXIT Daily Chart

Closely watch the price volume action for this counter near the 10-days Moving Average line (middle Bollinger Band) to determine whether this line can be broke thru above 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.