Thursday, April 6, 2017

Technical Analysis Apr 2017: CENSOF (5195)


CENTURY SOFTWARE HOLDINGS BHD 

Observation from Chart:-

CENSOF (5195) succeed breakout RM0.34 resistance level.

How high will it go?

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

Higher high is confirmed. So uptrend will resume.
Immediate resistance @ RM0.39 level.
Subsequent resistance @ RM0.42 level.

Immediate support @ RM0.34 level.
Subsequent support @ RM0.30 level.

Let's watch closely.

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