Technical Analysis Mar 2017: BJTOTO (1562)
BERJAYA SPORTS TOTO BERHAD
Observation from Chart:-
BJTOTO forming bolinger band squeeze
When will it breakout ?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K @ on buy call itinerary.
Immediate support @ RM3.00 level.
Subsequent support @ RM3.05 level.
Immediate resistance @ RM2.88 level.
Subsequent resistance @ RM2.80 level.
Upcoming quarter result & dividend will be announce soon.
Let's watch closely.
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