Sunday, March 15, 2015

Technical Analysis Mar 2015: IRCB (2127)

INTEGRATED RUBBER CORPORATION (2127) 

Observation from Chart:

IRCB forming higher high & higher low.

How high will it go?

Other indicator:
MACD trade @ positive region, uptrend itinerary
Stochastic %K trigger SELL call, pending confirmation.

Immediate resistance @ RM0.80 level.
Subsequent resistance @ RM0.83
level.

Immediate support @ RM0.76 level.
Subsequent support @ RM0.735 level.

Let's watch closely.

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