BERJAYA SPORTS TOTO BERHAD
Observation from Chart:-
BJTOTO succeed breakout MA50 resistance level.
Will it breakout RM3.90 resistance?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K still on BUY call itinerary.
Parabolic Stop & Reversal trigger BUY call.
If retrace down, immediate support @ MA50 level.
Subsequent support @ MA20 level.
Strong support @ RM3.80 level.
If succeed breakout RM3.93, higher high is confirm.
Double bottom @ RM3.80 is solid.
Let's watch closely
Tuesday, June 24, 2014
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- Technical Analysis June 2014: OLDTOWN (5201)
- Technical Analysis June 2014: OSK (5053)
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- Technical Analysis June 2014: INSAS (3379)
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