IGB CORPORATION BERHAD
Observation from Chart:-
IGB succeed breakout RM2.79 resistance level.
How high will it go?
Other indicator:
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
If retrace down, RM2.79 would be immediate support.
Subsequent support @ MA20 / MA50 level.
Since it just breakout RM2.79, higher high been formed.
Immediate resistance would be RM2.90 level.
Let's watch closely.
Thursday, July 17, 2014
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