Hyflux has a very nice thrust bar for the past two days. The white thrust bar is accompanied with high volume which is rather positive/bullish.
From TA point of view it is a strong reversal rebound.Looks like it may likely continue to head higher.
Both Macd and Rsi are rising which may provide further indication for the share price to head higher.
Short term wise, I think it will likely conquer 54.5 cents and head higher towards 60 then 65.5 cents.
Hope you all huat !
today news - quote :
http://www.todayonline.com/singapore/singapore-malaysia-boost-fresh-water-yield-johor-river
(Trade base on your own decision)
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