Technical Analysis Apr 2017: BURSA (1818)
BURSA MALAYSIA BERHAD
Observation from Chart:-
BURSA retest RM9.97 resistance level.
Will it breakout & go higher ?
Other indicator:-
MACD at positive region, uptrend itinerary.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM9.97 level.
Subsequent resistance @ RM10.90 level.
Immediate support @ RM9.43 level.
Subsequent support @ RM9.25 level.
If market sentiment remain bullish momentum, high potential BURSA will breakout resistance level.
Let's watch closely.
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