Technical Analysis Jan 2017: TMCLIFE (0101)
TMC LIFE SCIENCES BERHAD
Observation from Chart:-
TMCLIFE (0101) forming descending triangle pattern.
Will it breakout resistance & go higher?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K still on SELL call itinerary.
Immediate resistance @ RM0.96 level.
Subsequent resistance @ RM0.985 level.
Immediate support @ RM0.945 level.
Subsequent support @ RM0.935 level.
Let's watch closely.
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