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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