Technical Analysis May 2014: TONGHER (5010)
TONG HERR RESOURCES BHD (5010)
Observation from Chart:-
TONGHER (5010) forming ascending triangle...
Will it break out RM2.06 resistance level?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K already on BUY call.
Parabolic Stop & Reversal turned GREEN color.
Immediate support @ MA20 level.
Subsequent support MA50 level.
Immediate resistance @ RM2.06 level.
Once break this resistance, higher high been form.
Let's watch closely
0 comments:
Post a Comment