Sunday, March 19, 2017

Technical Analysis Mar 2017: BAHVEST (0098)


BORNEO AQUA HARVEST BHD 

Observation from Chart:

BAHVEST (0098) forming descending triangle pattern.

Will it breakout downtrend resistance line?

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

If breakout descending triangle line,
Immediate resistance @ RM0.85 level.
Subsequent resistance @ RM0.87 level.

Immediate support @ RM0.815 level.
Subsequent support @ RM0.775 level.

Let's watch closely...

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