Technical Analysis Mar 2014: TAMBUN (5191)

TAMBUN INDAH LAND BERHAD 

Observation from Chart: 

TAMBUN (5191) forming ascending triangle pattern.

Will it breakout RM1.83 resistance level? 

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

Immediate support @ MA20 which is around RM1.76 level. 
Subsequent support @ RM1.67 level.

Immediate resistance @ RM1.83 level.
If able breakout, higher high been confirm, uptrend will resume..

Let's watch closely...