Thursday 5 May 2016

Stock To Watch on 6/5/5016 - LCTH (5092) & MIKROMB (0112)

LCTH Daily Chart

A bullish engulfing was established on 3/5/2016 with LCTH opened lower than the closing price in the previous day during the session starts in the next trading day.

Look for the closing price during the session ended today and if the closing price is closed higher than the previous day high price level, the retracement from the downtrend could taken place with the next target level to look at is MYR0.725.


MIKROMB (0112)

MIKROMB (0112) is in range trades since beginning of Feb 2016 within MYR0.500 and MYR0.565. A strong support of MYR0.510 was seen since 3/5/2016 with a long green bar was formed on 5/5/2016 during the session ended. 

Foresee MIKROMB will continue in range trading until the upper level of the range channel was broke in future.  

Good luck and happy trading!


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