Technical Analysis Oct 2016: EFORCE (0065)
EXCEL FORCE MSC BHD (0065)
Observation from Chart:
EFORCE (0065) forming descending triangle pattern.
When will it breakout?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM1.62 level.
Subsequent resistance @ RM1.64 level.
Immediate support @ RM1.50 level.
Subsequent support @ RM1.445 level.
Let's watch closely.
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