Sunday, April 5, 2015

Technical Analysis April 2015: PWROOT (7237)

POWER ROOT BERHAD

Observation from Chart:-

PWROOT (7237) succeed breakout RM1.78 resistance level?

How high will it go?

Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on BUY call position.

Immediate resistance @ RM1.91 level
Subsequent resistance @ RM2.00 level.

Immediate support @ RM1.78 level.
Subsequent support @ RM1.61 level.

Let's watch closely.

2 comments:

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