Wednesday, March 22, 2017

Technical Analysis Mar 2017: EFFICEN (0064)


EFFICIENT E-SOLUTIONS BHD 

Observation from Chart:-

EFFICEN forming higher high?

Will it form a higher low?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.

Immediate resistance @ RM0.295 level.
Subsequent resistance @ RM0.305 level.

Immediate support @ RM0.275 level.
Subsequent suport @ RM0.26 level.

If able form a higher low, means uptrend is confirm.

Let's watch closely.

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