Technical Analysis Mar 2017: WASEONG (5142)
WAH SEONG CORPORATION BERHAD
Observation from Chart:-
WASEONG (5142) forming symmetrical triangle pattern.
Will it break up or down?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM0.88 level.
Subsequent resistance @ RM0.905 level.
Immediate support @ RM0.86 level.
Subsequent support @ RM0.82 level.
If break up, potential retest RM0.98 level.
If break down, potential retest RM0.74 level.
Let's watch closely.
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