Hapseng TA - by stock talk

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
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