RESORTS still keep on UP

This morning KLSE open lower than yesterday, and the whole day floating between 872 - 876 until after 4pm only saw the upwards until closing still manage to let all see some green but just up 0.9 points. 

RESORTS have quite strong resistance not fall below 1.97. Until mid day, it still manage to get unchanged and at the afternoon session, there is quite a lot of volume to push the price higher. The highest is 2.07 and manage to close it at 2.05. From the chart, we see the Bollinger Band is starting to get narrow and close to the candlestick. Is it represent the rise almost face it's resistance? From MACD, the blue line is staring getting wider and further from the red line.

From technical analysis view, it still have some room to grow. But the candlestick already touch the midline of Bollinger Band. So, the rising will not as much. Probably, 2.20 is the limit.

This is the screenshot where I get it at 1.88. This is where the MACD blue line almost cross the red line. And Stochastic is at the lowest point. Right now, it is the time to think on when to exit. 

Maybe the exit will do it in this week. Next week onwards, UMNO election finished, by election comes. This may have some uncertainty in the market as I guess.