Technical Analysis Jan 2013: BENALEC (5190)
Observation from Chart:-
BENALEC forming ascending triangle pattern?
Will it break through RM1.48 resistance?
Other indicator:-
MACD indicator trade at positive region, uptrend sign.
Stochastic %K pending trigger BUY call.
Immediate resistance RM1.41 level.
Strong resistance @ RM1.48 level.
Immediate support MA20 level.
Subsequent support @ ascending triangle support level.
Let's watch closely.
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