Sunday, February 5, 2017

Technical Analysis Feb 2017: POS (4634)


POS MALAYSIA BHD (4634) 

Observation From Chart:

POS consolidate sideway & forming bolinger band squeeze

Will it breakout resistance?

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

Immediate resistance @ RM4.14 level.
Subsequent resistance @ RM4.44 level.

Immediate support @ RM3.80 level,
Subsequent support @ RM3.65 level.

Let's watch closely upcoming quater result & dividend announcement.

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