Saturday, June 11, 2016

Technical Analysis June 2016: SOLUTN (0093)

SOLUTION ENGINEERING HOLDINGS 

Observation From Chart:

SOLUTN (0093) succeed breakout RM0.44 resistance level.

How high will it go?

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

It's historical high, so no immediate resistance.

If retrace down,
Immediate support @ RM0.415 level.
Subsequent support @ RM0.385 level.

Let's watch closely.

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