Technical Analysis Nov 2014: COASTAL (5071)
COASTAL CONTRACTS BHD (5071)
Observation From Chart:-
COASTAL forming lower high.
Will it forming lower low?
Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K trigger SELL call, pending confirmation.
Immediate support @ RM3.50 level.
Subsequent support @ RM3.15 level.
Immediate resistance @ MA20 level.
Subsequent resistance @ RM4.05 level.
Let's watch closely
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