Wednesday, 3 August 2016

Stock To Watch Today - PPHB (8273) & HOMERIZ (5160)

PPHB Daily Chart 

PPHB (8273) opened gap up during the latest opening session and closed higher with full bar with accompanied by higher than average traded volume. This gap formed became the strong support for PPHB indicating a possible strong bullish ahead. 

Strong resistance of MYR1.00 is the next target that PPHB is going to test and foresee this resistance can be broken above if the market sentiment is bullish.


HOMERIZ Daily Chart

HOMERIZ (5160) eventually made a successful breakout from the consolidation range in the latest session as it tried to make a breakout on 20/7/2016 but failed to do so.

Because 1 good bar with 1 good volume was seen in the latest session, foresee HOMERIZ will testing the next resistance of MYR1.01.

Good luck and happy trading!


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