KFC HOLDINGS (MALAYSIA) BERHAD
Observation from Chart:
KFC is forming descending triangle.
What will be next?
Other indicator:-
1. MACD still at negative region.
2. Reversal candlestick been formed.
3. Stochastic %K trigger on BUY call, pending confirmation.
Immediate resistance will be Upper Descending Trend Line
Subsequent resistant would be RM3.60 level which is MA100 level.
If retrace down, RM3.30 is current strong support level.
Subsequent support would be RM3.17 level.
Let watch closely.
0 comments:
Post a Comment