Monday, December 26, 2016

Technical Analysis Dec 2016: K1 (0111)


K-ONE TECHNOLOGY BHD 

Observation From Chart:-

K1 rebound from RM0.13 support level.

How about this round, will it breakout downtrend resistance level?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.

Immediate support is RM0.13 level,
Subsequent support is RM0.10 level.

Immediate resistance, RM0.16 level.
Subsequent resistance, RM0.18 level.

Let's watch closely.

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