OLDTOWN (5201) made a breakout and closed above during the session ended on 14/1/2016 of resistance level of MYR1.65 with Bollinger band opened wider and higher than average traded volume.
OLDTOWN Daily Chart
The breakout of MYR1.65 level from the consolidation phase since 23/12/2015 indicating a strong bullishness should coming for OLDTOWN as this consolidation period is in fact a period where collection of shares for this counter took place.
Foresee the resistance of MYR1.70 could easily breach by OLDTOWN and climb towards testing the subsequent resistance level of MYR1.78.
PCCS (6068) made a all-new-high by closing @ MYR 0.855 with significant imcreased in traded volume and Bollinger band opened wider in the latest session.
PCCS Daily Chart
As all-new-high is formed, the sky is the limit for PCCS.
OWG (5260) made a breached above the triangle pattern on 13/1/2016 with higher than average trading volume although ex-date for bonus issue was at the same day, the open price on that day is much higher than the closing price the day before.
OWG Daily Chart
The breached over of triangle pattern pushes OWG's price to move higher in the next day with almost the same traded volume as previous day indicating a strong bull ahead.
Foresee OWG will continue to move higher to test the all-time-high level of MYR2.67 in the coming trading days.
COMFORT (2127) was traded well support since started from 6/1/2016 after the correction from the highest point of MYR1.00 down to MYR0.865.
COMFORT Daily Chart
As COMFORT able to close above the resistance level of MYR0.910 in the latest session, foresee it will testing the MYR0.945 level and if this level also been breached, COMFORT will continue to test gain the all-time-high level of MYR1.00 in the next trading days.
BPPLAS (5100) is trading in consolidation mode currently after making the all-time-high @ MYR1.98 on 11/1/2016.
BPPLAS (5100) is trading in consolidation mode currently after making the all-time-high @ MYR1.98 on 11/1/2016.
BPPLAS Daily Chart
Should the all-time-high level of MYR1.98 can be breached by BPPLAS in the coming trading days, the sky is the limit for BPPLAS.
Good luck and happy trading!
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