Gadang
HAVING stayed in consolidation mode over the past two months, the price of this stock appears to be making a bullish breakout, with the stochastics having issued a short-term buy signal on Tuesday. Furthermore, the moving average convergence/divergence has expanded positively against the signal-line. If prices can erase their recent high of RM5.05, the RM5.80-RM6 heavy resistance band will be tested. Current support is at RM4.78.
