MALAKOFF CORPORATION BERHAD (5264)
Observation from Chart:-
MALAKOF is forming bolinger band squeeze.
When will it breakout?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM1.63 level.
Subsequent resistance @ RM1.67 level.
Immediate support @ RM1.55 level.
Subsequent support @ RM1.57 level.
Upcoming Q2 result will be announced on August 2016.
Let's watch closely.
0 comments:
Post a Comment