GLOBETRONICS TECHNOLOGY BHD
Observation from chart:-
GTRONIC forming ascending triangle?
Will it breakout & go higher?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K trigger BUY call.
Immediate resistance would be RM4.53 level.
Subsequent resistance @ MA50 level.
If retrace down, immediate support @ MA20 level.
Subsequent support @ RM4.20 level.
Let's watch closely.
Sunday, November 2, 2014
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