Sunday, September 4, 2016

Technical Analysis Sept 2016: MBSB (1171)


MALAYSIA BUILDING SOCIETY BERHAD 

Observation from Chart:

MBSB succeed formed higher high & higher low

Will it form another higher high?

Other indicator:-
MACD trade at positive region.
Stochastic %K on BUY call itinerary.

If breakout RM0.93 resistance level, another higher high is confirm.

Immediate resistance @ RM0.93 level.
Subsequent resistance @ RM0.955 level.

Immediate support @ RM0.815 level
Subsequent support @ RM0.78 level.

Let watch closely...

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