WELLCALL HOLDINGS BHD
Observation from Chart:
WELLCAL is forming non stop higher high & higher low.
21 June, it's closed @ RM2.00 psychology level.
Will it break through? Or retrace down to support level?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K already reach overbought stage.
Most probably correction / consolidate will be in place soon.
Immediate support @ RM1.82 or MA20 level.
Subsequent support @ MA50 level.
Let's watch closely...
Observation from Chart:
WELLCAL is forming non stop higher high & higher low.
21 June, it's closed @ RM2.00 psychology level.
Will it break through? Or retrace down to support level?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K already reach overbought stage.
Most probably correction / consolidate will be in place soon.
Immediate support @ RM1.82 or MA20 level.
Subsequent support @ MA50 level.
Let's watch closely...
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