Technical Analysis Mar 2017: BENALEC (5190)
BENALEC HOLDINGS BERHAD
Observation from Chart:-
BENALEC forming higher high & higher low.
How high will it go?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K remain on BUY call itinerary.
Immediate resistance @ RM0.65 level.
Subsequent resistance @ RM0.74 level.
Immediate support @ RM0.46 level.
Subsequent support @ RM0.40 level.
Let's watch closely.
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