TH HEAVY ENGINEERING BERHAD
Observation from Chart:-
THHEAVY (7206) retest RM0.47 strong resistance again.
Will it break through ascending triangle resistance?
Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K trigger BUY call, pending confirmation.
If able break through RM0.47 level, uptrend is confirm. (higher high + higher low)
If retrace down, immediate support @ ascending triangle lower line or MA20 level.
Let's watch closely.
Observation from Chart:-
THHEAVY (7206) retest RM0.47 strong resistance again.
Will it break through ascending triangle resistance?
Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastic %K trigger BUY call, pending confirmation.
If able break through RM0.47 level, uptrend is confirm. (higher high + higher low)
If retrace down, immediate support @ ascending triangle lower line or MA20 level.
Let's watch closely.
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