Wednesday, March 15, 2017

Technical Analysis Mar 2017: HAPSENG (3034)


HAP SENG CONSOLIDATED BERHAD 

Observation from Chart:-

HAPSENG forming ascending triangle pattern.

Will it breakout the resistance?

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

If able breakout RM9.20 another new high record been form.

If retrace down,
Immediate support @ RM9.00 level.
Subsequent support @ RM8.90 level.

Let's watch closely for opportunity.

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