Saturday, March 25, 2017

Technical Analysis Mar 2017:TAKAFUL (6139)


SYARIKAT TAKAFUL MALAYSIA BHD 

Observation from Chart:-

TAKAFUL (6139) succeed breakout ascending triangle resistance?

How high will it go?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K on buy call itinerary.

Immediate support @ RM4.05 level.
Subsequent support @ RM3.93 level.

Immediate resistance @ RM4.17 level
Subsequent resistance @ RM4.22 level.

Let's watch closely.

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