Sunday, May 17, 2015

Technical Analysis May 2015: K1 (0111)

K-ONE TECHNOLOGY BHD 

Observation From Chart:-

K1 succeed break through RM0.575 resistance level.

How high will it go?

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

Immediate support is RM0.575 level,
Subsequent support is RM0.525 level.

Immediate resistance, RM0.65 level.
Subsequent resistance, RM0.70 level.

Let's watch closely.

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