Observation from Chart:-
HAPSENG keep forming higher high & higher low.
Everytime retrace down to MA20 support level, it will rebound.
Will it break through RM1.73 resistance?
Other indicator:-
1. MACD at positive region, uptrend itinerary.
2. Stochastic %K still on BUY call.
If able break through RM1.73 level, it will create new higher high.
If retrace down, immediate support @ MA20 level.
Do watch out Quarterly report, which will be announce around mid of Feb 2012.
Will it declare an attactive dividend?
Let watch closely.
Source: http://www.stocktalk2u.com/2012/02/technical-analysis-feb-2012-hapseng.html
Get a free trial on EXPERT STOCK SCREENER!