Monday, March 20, 2017

Technical Analysis Mar 2017: WTK (4243)


WTK HOLDINGS BERHAD

Observation from Chart:-

Since 23 Nov 2016, WTK (4243) forming bolinger band squeeze .

When will it breakout ?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM1.05 level.
Subsequent resistance @ RM1.12 level.

Immediate support @ RM0.98 level.
Subsequent support @ RM0.895 level.

Let's watch closely.

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