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[HC]

London Biscuits Bhd (7126)(2009-09-04 Closing Price RM 1.02)

Just looking the the chart I think this stock must be thinly traded, and volume is very irregular.  Indicator in this case is practically useless, the only positive point noted from this chart is the down trend has already been broken.  I am not sure if current rally is just a bounce or a reversal, but anyway there will be heavy resistance expected at 1.20, being the 61.8% fibo level and previous heavy volume area.

[HC]

London Biscuits Bhd (7126)(2010-02-05 Closing Price RM 1.16)

Price hit 61.8% fibo retracement and started to hesitate.  Got to be careful from now no as there is a bearish divergence in weekly chart (not shown).

[HC]

London Biscuits Bhd (7126)(2010-12-03 Closing Price RM 1.02)

I don't like the look of this possible round top formation.  Watch out for break of support at 0.99.