Wednesday, March 22, 2017

Technical Analysis Mar 2017: NOTION (0083)


NOTION VTEC BERHAD

Observation from Chart:-

NOTION (0083) non stop bull run since 3 Jan 2017
(Less than 3months period, share price 200% gain)

Will it retrace down to retest support level?

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

Immediate resistance @ RM1.32 level.
Subsequent resistance @ RM1.455 level.

Immediate support @ RM1.25 level.
Subsequent support @ RM1.16 level.

Let's watch closely.

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