Sunday, May 31, 2015

Technical Analysis May 2015: YINSON (7293)

YINSON HOLDINGS BHD (7293)

Observation From Chart:-

YINSON (7293) succeed breakout RM3.18 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 RM3.11 level,
Subsequent support is MA20 level.

Immediate resistance, RM3.48 level.
Once it breakout, will be new high record again.

Let's watch closely.

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