Tuesday, February 28, 2017

Technical Analysis Feb 2017: GKENT (3204)


GEORGE KENT (MALAYSIA) BERHAD

Observation from Chart:-

GKENT (3204) forming bolinger band squeeze.

Will it retest RM3.11 resistance level?

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

Immediate resistance @ RM3.00 level.
Subsequent resistance @ RM3.11 level.

Immediate support @ RM2.84 level.
Subsequent support @ RM2.75 level.

Let's watch closely.

0 comments:

Post a Comment