Saturday, July 30, 2016

Technical Analysis July 2016: TUNEPRO (5230)


Observation from Chart:-

TUNEPRO forming higher high & higher low.

How high will it go?

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

Immediate support @ RM1.57 level.
Subsequent support @ RM1.50 level.

Immediate resistance @ RM1.70 level.
Subsequent resistance @ RM1.75 level .

Let's watch closely.

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1 comment:

  1. TunePro is likely to go higher if market sentiment is ok. It is benefiting from AirAsia and AAX with more flight coming up and lower fuel cost. Like SIA, profit increase due to similar reason.