Technical Analysis Mar 2017: WELLCAL (7231)
WELLCALL HOLDINGS BHD
Observation from Chart:
WELLCAL forming non stop higher high
Will it retrace down to retest support level?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K already reach overbought stage.
Most probably correction / consolidate will be in place soon.
Immediate support @ RM2.11 level.
Subsequent support @ RM2.05 level.
Let's watch closely...
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