Thursday, March 9, 2017

Technical Analysis Mar 2017: GADANG (9261)


GADANG HOLDINGS BHD (9261) 

Observation from Chart:-

GADANG (9261) succeed breakout uptrend resistance level.

How high will it go ?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.

Immediate support @ RM1.15 level.
Subsequent support @ RM1.12 level.

Immediate resistance @ RM1.28 level.
Once break this resistance, no major resistance.

Let's watch closely

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