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What indicators that you mainly use in Technical Analysis (TA)?
Moving Average (SMA/EMA)
RSI
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MACD
Ichimoku Kinko Hyo
Volume
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Thursday, 6 June 2013

PLANTATION : On verge of Breakout; in FLAG Pattern..

PLANTATION
Index


From chart, can see a Hidden Bullish Divergence on both MACD and Stochastic.
The index currently move in a FLAG pattern.

If to compare to FCPO chart, both of them are at the same junction. I would say "was" for FCPO because today price managed to breakout from FLAG and go fiercely.

Are we anticipate same thing to happen to Plantation index? If yes, can try to look for attractive plantation counters.