IOI CORPORATION BERHAD
Observation from Chart:
IOICORP is forming bolinger band squeeze, trade within RM4.36 & RM4.71.
RM4.71 is current resistant.
RM4.36 is current support.
Other indicator:-
1. MACD at negative region BUT is that moving toward positive region?
2. Stochastic %K still at buy call sign.
If able break through RM4.71 level with huge volume, may consider to entry.
However, if break down RM4.36 level, may consider high risk & it might be start another downtrend.
Let watch closely...
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
0 comments:
Post a Comment