Saturday, February 1, 2014

Technical Analysis Jan 2014: ECOWLD (8206)

ECO WORLD DEVELOPMENT GROUP BERHAD (8206)

Observation From Chart:- 

ECOWLD forming ascending triangle pattern?

Will it breakout & go higher high?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM4.57 level.

Immediate support @ MA20 level
Subsequent support @ MA50 level.

 Let's watch closely

0 comments:

Post a Comment