Monday, September 26, 2016

Technical Analysis Sept 2016: BJTOTO (1562)


BERJAYA SPORTS TOTO BERHAD 

Observation from Chart:-

BJTOTO succeed breakout RM3.40 resistance level.

How high will it go?

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

Immediate support @ RM3.40 level.
Subsequent support @ RM3.35 level.

Immediate resistance @ RM3.50 level.
Subsequent resistance @ RM3.56 level.

Let's watch closely.

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