BENALEC HOLDINGS BERHAD
Observation from Chart:-
BENALEC technical rebound from RM0.86 to RM1.00 psychology level.
Will it consolidate before go higher furthermore?
Other indicator:-
MACD indicator trade at negative region, downtrend sign.
Stochastic %K remain on BUY call.
Immediate resistance @ RM1.00 level.
Strong resistance @ MA20 level.
Immediate support @ RM0.86 level.
After consolidate, if able formed higher low, it's an opportunity, it may turn uptrend.
Else, it might formed lower high & lower low, downtrend will resume..
Let's watch closely.
0 comments:
Post a Comment