GUAN CHONG BHD
Observation from Chart:
GCB forming bolinger band squeeze.
When will it break out?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K already trigger SELL call, pending confirmation.
If break down RM1.98 level, it might be facing selling preasure.
Subsequent support @ MA100 level.
If break through RM2.08 level, higher high is confirmed & uptrend will be continue.
Let's watch closely.
Observation from Chart:
GCB forming bolinger band squeeze.
When will it break out?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K already trigger SELL call, pending confirmation.
If break down RM1.98 level, it might be facing selling preasure.
Subsequent support @ MA100 level.
If break through RM2.08 level, higher high is confirmed & uptrend will be continue.
Let's watch closely.
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