Sunday, March 5, 2017

Technical Analysis Mar 2017: WILLOW (0008)


WILLOWGLEN MSC BHD 

Observation from Chart:

WILLOW (0008) forming higher high & higher low.

Will it retrace down to retest support level?

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

Immediate resistance @ RM0.85
Subsequent resistance @ RM0.87

Immediate support @ RM0.80 level.
Subsequent support @ RM0.785 level.

Let's watch closely.

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