Technical Analysis June 2016: HAPSENG (3034)
HAP SENG CONSOLIDATED BERHAD
Observation from Chart:-
HAPSENG forming bolinger band squeeze since Feb 2016.
Will it breakout the resistance & go higher?
Other indicator:-
MACD trade at positive region, uptrend itinerary.
Stochastic %K pending BUY call.
If able breakout RM7.90, another new high record been form.
If retrace down,
Immediate support @ RM7.45 level.
Subsequent support @ RM7.20 level.
Let's watch closely for opportunity.
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