Wednesday, August 5, 2015

Technical Analysis Aug 2015: GPACKET (0082)

GREEN PACKET BERHAD

Observation from Chart:-

GPACKET (0082) start reversal from downtrend itinerary.

How high will it go?

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

Immediate support @ MA100 level, which is around RM0.26 level.
Subsequent support @ RM0.24 level.

Immediate resistance @ RM0.29 level.
Subsequent resistance @ RM0.305 level.

Let's watch closely.

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