Technical Analysis Sept 2016: YONGTAI (7066)
YONG TAI BHD (7066)
Observation from Chart:-
YONGTAI (7066) forming symmetrical triangle pattern.
When will it breakout ?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.
Immediate resistsnce @ RM1.12 level.
subsequent resistance @ RM1.14 level.
Immediate support @ RM1.07 level.
Subsequent support @ RM1.04 level.
Let's watch closely.
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