Technical Analysis Aug 2015: BJTOTO (1562)
BERJAYA SPORTS TOTO BERHAD
Observation from Chart:-
BJTOTO is forming symmetrical triangle pattern.
Will it breakout the resistance?
Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.
Immediate support @ RM3.27 level.
Strong support @ RM3.20 level.
Immediate resistance @ RM3.35 level.
Subsequent resistance @ RM3.40 level.
Let's watch closely for the breakout.
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