Sunday, June 21, 2015

Technical Analysis June 2015: 3A (0012)

Three-A Resources Berhad (3A) 

Observation From Chart:

3A break retest RM1.12 resistance level again.

Will it succeed breakout & go higher?

Other indicator:-
MACD trade @ positive region, uptrend itinerary.
Stochastic %K trigger BUY call.

Immediate resistance @ RM1.12
Subsequent resistance @ RM1.18 level.

Immediate support @ RM1.04 level.
Subsequent support @ MA20, which is RM1 level.

Let's watch closely.

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