Technical Analysis Jan 2017: AXIATA (6888)
AXIATA GROUP BERHAD
Observation from Chart:-
AXIATA (6888) succeed breakout ascending triangle pattern.
Will it retest RM5.00 psychology level ?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K still on BUY call itinerary.
Immediate resistance @ RM5.00 level.
Subsequent resistance @ RM5.08 level.
Immediate support @ RM4.72 level.
Subsequent support @ RM4.45 level.
Let's watch closely.
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