Bursa Malaysia Stock Watch

WCT may have a bullish breakout

kltrader
Publish date: Wed, 14 Apr 2010, 10:34 PM
kltrader
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WCT has just broken above its horizontal resistance at RM2.85. Its next resistance levels are RM3.30 & RM3.30.


Chart 1: WCT's daily chart as at April 14, 2010 (Source: Tradesignum)


Chart 2: WCT's weekly chart as at April 14, 2010 (Source: Tradesignum)

Based on the above technical breakout, WCT could be a good trading BUY.
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