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Last week a friend of mine was mentioning about this stock and today it comes out from one of my explorations. Price has closed above the moving average channels with RSI moves up above its 50 signal line while the the positive MACD continues to rise toward its own zero signal line. All these are bullish indications and confirmation.

Please note that the D+ has already crossed up above the D- yesterday, by applying Wells Wilder's extreme rule, today price has already exceed yesterday's signal day highest high, thus qualifying a buy into this stock.

For the past few days, the KLSE has been breaking higher, so there are many stocks that are going up. What makes this stock more interesting is its MACD has confirmed a bullish divergence which upon confirming a breakup, usually move in a bigger proportion than other stocks that does not register such bullish divergence. And the most wonderful of all is that a similar bullish divergence is also found in its weekly chart.

I expect this one will retrace to RM2.70 or even to RM3.25.