Monday, June 6, 2016

Technical Analysis June 2016: HAIO (7668)


HAI-O ENTERPRISE BERHAD 

Observation From Chart:

HAIO forming ascending triangle pattern,

Will it ready to breakout & go higher?

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

Immediate resistance @ RM2.57 level.
Subsequent resistance @ RM2.66 level.

Immediate support @ RM2.575 level.
Subsequent support @ RM2.53 level.

Will HAIO market capital moving toward yr 2018 mission?.
Source: http://www.sinchew.com.my/

Let's watch closely the share price.

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