OLDTOWN BERHAD
Observation from Chart:-
OLDTOWN rebound from MA50 support level.
Will it break through RM1.14 resistance level?
Other indicator:-
MACD bullish crossover & trade at positive region, uptrend sign.
Stochastic %K already trigger BUY call.
Immediate resistance would be around RM1.14 level.
Subsequent resistance, RM1.17 level.
If retrace down, it might retest MA20 support.
Let watch closely.
Observation from Chart:-
OLDTOWN rebound from MA50 support level.
Will it break through RM1.14 resistance level?
Other indicator:-
MACD bullish crossover & trade at positive region, uptrend sign.
Stochastic %K already trigger BUY call.
Immediate resistance would be around RM1.14 level.
Subsequent resistance, RM1.17 level.
If retrace down, it might retest MA20 support.
Let watch closely.
OLDTOWN needs more volume for greater momentum.
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