Technical Analysis Sept 2016: YEELEE (5584)
YEE LEE CORPORATION BHD (5584)
Observation from Chart:-
YEELEE forming lower high & lower low.
How low will it go?
Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K at SELL call itinerary.
Immediate support @ RM2.24 level.
Subsequent support @ RM2.19 level.
Immediate resistance @ RM2.28 level.
Subsequent resistance @ RM2.35 level
.
Lower low been confirmed, it's on downtrend.
Let's watch closely.
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