Sunday, November 27, 2016

Technical Analysis Nov 2016: OPENSYS (0040)


OPENSYS (M) BHD 

Observation from Chart:-

OPENSYS (0040) retrace down from RM0.415 high

Will it rebound @ RM0.33 support level?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K on SELL call itinerary.

Immediate resistance @ RM0.37 level.
Subsequent resistance @ RM0.415 level.

Immediate support @ RM0.33 level.
Subsequent support @ RM0.305 level.

Let's watch closely.

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