TEKSENG (7200) was traded hovering below the resistance level of MYR0.870 after rebounded from the low during the correction from the new high of MYR0.900 and entering the "Zone 3" on 15/12/2015.
TEKSENG Daily Chart
Zone 3 is the zone where a stock is in hovering mode, in other words is directionless in the coming trading days.
Should TEKSENG breaks out above the resistance of MYR0.870 with improved volume or significant increased in trading volume, foresee the new high of MYR0.900 could easily reach and breaks it with the next limit is the sky!
Suggest to put a stop loss @ any price below MYR0.830.
Good luck & Happy Trading!
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