TH PLANTATIONS BERHAD
Observation from Chart:-
THPLANT is forming descending triangle with RM2.34 support.
Will it break through upper triangle line resistance?
Other indicator:-
MACD trade at negative region, downtrend itinerary.
Stochastic %K already trigger SELL call.
High probably it might retest RM2.34 support level again.
As for now, it do facing MA100 & MA200 resistance, it might need time consolidate before break through upper triangle resistance. Or strong bullish sentiment to break through it.
Let's watch closely...
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