Sunday, March 12, 2017

Technical Analysis Mar 2017: WCT (9679)


WCT BERHAD 

Observation from Chart:-

WCT forming symmetrical triangle pattern.

Will it break up or down?

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

Immediate support @ RM1.80 level.
Subsequent support @ RM1.725 level.

Immediate resistance @ RM1.92 level
Subsequent resistance @ RM1.98 level.

Let's watch closely...

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