Sunday, March 19, 2017

Technical Analysis Mar 2017: NWP (5025)


NWP HOLDINGS BERHAD 

Observation from Chart:

NWP (5025) succeed breakout bolinger band squeeze. (Almost 5months squeeze @ RM0.195 to RM0.25 range)

How high will it go?

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

Immediate resistance @ RM0.27 level.
Subsequent resistance @ RM0.28 level.

Immediate support @ RM0.25 level.
Subsequent support @ RM0.225 level.

Let's watch closely...

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