Thursday, March 23, 2017

Technical Analysis Mar 2017: KRONO (0176)


KRONOLOGI ASIA BERHAD (0176) 

Observation from Chart:

KRONO (0176) forming bolinger band squeeze.

When will it breakout the band?

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

Immediate resistance @ RM0.385 level.
Subsequent resistance @ RM0.41 level.

Immediate support @ RM0.35 level
Subsequent support @ RM0.32 level.

Let's watch closely...

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