PUNCAK NIAGA HOLDINGS BHD '
Observation from Chart:-
PUNCAK (6807) forming ascending triangle pattern.
Observation from Chart:-
PUNCAK (6807) forming ascending triangle pattern.
Will it break through the resistance, RM1.93?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K still on buy call itinerary.
High possibility will retest RM1.93 soon.
If the momentum is positive, it will break through the resistance & go higher high.
Immediate resistance @ RM1.93 level.
Subsequent resistance @ RM2.25 level.
Immediate support @ MA20 level.
Strong support @ triangle lower band.
Let's watch closely.
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