Saturday, June 6, 2015

Technical Analysis June 2015: WILLOW (0008)

WILLOWGLEN MSC BHD 

Observation from Chart:

WILLOW (0008) retest RM0.95 resistance level again.

How about this round, will it breakout the resistance ?

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

Immediate resistance @ RM0.95 level.
Immediate support @ MA20/MA50 level.
Subsequent support @ MA100/MA200 level.

If able breakout RM0.95 resistance, another new high record been confirm & bull run might be resume.

Let's watch closely.

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