Frasers Commercial Trust 19 June 2014

50 days and 200 days moving averages are showing uptrend. The counter might be testing the resistance at $1.37 tomorrow. Do lookout for the bullish crossover of MACD as well. There is a possibility that a breakout will be successful if there are increasing volumes for the next few days. Support can be found at $1.33.

Frasers Commercial Trust

Advertisements

Come, leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s