2015年4月26日星期日

Daily Trading Idea - LCTH – MYR0.52 SHORT-TERM BUY (TECHNICAL)


Author: kltrader   |   Publish date: Fri, 24 Apr 2015, 09:47 AM 


LCTHmade a majordaily Wave 2 low of MYR0.24(9Jan2015) with grossly oversold and bullish signals. Allof its positive signals above suggest a very strong daily uptrend. It is likely to break into higher territory, as it breached its key resistance areas in a very clear Wave 3 and Wave5 surge.
SHORT-TERM BUY (TECHNICAL)on dips for LCTHwith very firm supports of MYR0.44and MYR0.52as well as clear upward target areas of MYR0.545, MYR0.65and MYR0.76. Stop-loss is at MYR0.42.
Source: Maybank Research - 24 Apr 2015