Saturday, July 19, 2014

Technical Analysis July 2014: HUNZPTY (5018)

HUNZA PROPERTIES BHD (5018)

Observation From Chart:-

HUNZPTY forming bolinger band squeeze...

When will it breakout?

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

Immediate resistance @ RM2.05  level.
Subsequent resistance @ MA200 level, around RM2.08

Immediate support @ MA20 / MA50 level
Subsequent support @ RM1.89 level.

Let's watch closely.

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