Sunday, July 5, 2015

Technical Analysis July 2015: SUNZEN (0148)

SUNZEN BIOTECH BHD (0148)

Observation from Chart:-

SUNZEN (0148) retest MA20 support level.

Will it rebound?

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

Immediate support @ MA20 support level
Subsequent support @ MA50 level.

Immediate resistance @ RM0.54 level
If able breakout & go higher, it will be another wave of bull run.

Let's watch closely.

0 comments:

Post a Comment