Boustead after hitting the low of 71.5 cents on 28th Feb 2016 it had managed to stage a strong recovery to head higher to touch 90 cents on 1st April 2016. This is rather bullish.
The current price of 87.5 cents is hovering above the SMA lines which is generally quite positive.
Also both Macd & Rsi are still trending upwards which may provide further indication that the share price may continue to head higher.
Crossing over of recent high of 90 cents with good volume that may propel to drive the share price higher towards 95 cents with extension to 1.00.
(trade base on your own decision)
Also both Macd & Rsi are still trending upwards which may provide further indication that the share price may continue to head higher.forex trading strategies that work
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