BERJAYA CORPORATION BERHAD
Observation from Chart:-
BJCORP forming symmetrical triangle pattern.
Will it break up or down?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM0.405 level.
Immediate support @ RM0.37 level.
If break up, potential retest RM0.445 level.
If break down, potential retest RM0.355 level.
Most likely it will choose direction on upcoming quarter result.
According pass history, the quarter result will be released on final week of March.
Let's watch closely.
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