Technical Analysis Mar 2017: VITROX (0097)
VITROX CORPORATION BERHAD
Observation From Chart:-
VITROX succeed breakout triangle resistance.
How high will it go ?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger BUY call again.
Immediate support @ RM4.00 level.
Subsequent support @ RM3.95 level.
No immediate resistance,.
Higher high is confirmed, uptrend will resume.
Due to overbought stage, potential pull back retest support or sideway consolidate soon.
Let's watch closely.
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