Technical Analysis Feb 2017: TNLOGIS (8397)
TIONG NAM LOGISTICS HOLDINGS BERHAD
Observation from Chart:-
TNLOGIS (8397) succeed breakout bolinger band squeeze resistance.
How high will it go?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K still on BUY call itinerary.
Immediate resistance @ RM1.72 level.
Subsequent resistance @ RM1.75 level.
Immediate support @ RM1.62 level.
Subsequent support @ RM1.54 level.
Let's watch closely.
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