FAtTA Value Growth Income Investing
[FAtTA （发达）] Stock To Watch on 5/2/2016 - PWROOT (7237) & TIENWAH (7374)
PWROOT (7237) made a gap up on the latest session with improved volume and Bollinger Band opened slightly wider.
PWROOT Daily Chart
Since the candlestick "hang" to the upper Bollinger Band, this implied a possible positive momentum should lift up the price to further upside and try to fill up the gap that formed on 14/1/2016.
TIENWAH (7374) able to closed 1 tick above the resistance level of MYR2.88 and "hang" to the upper Bollinger Band in the latest session.
TIENWAH Daily Chart
Should TIENWAH trading stayed above the support level of MYR2.88 with noticeable increased in trading volume, it will try to close the gap that formed on 18/1/2016.
Good luck and happy trading!
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