Sunday, May 25, 2014

Technical Analysis May 2014: DIGI (6947)

DIGI.COM BHD 

Observation from Chart:-

DIGI forming higher high & higher low.

Will it rebound from MA50 support level?

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

Immediate support @ MA50 level.
Subsequent support @ RM5.17 level.

Immediate resistance @ MA20 level.
Subsequent resistance @ RM5.65 level.

 Let's watch closely.

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