Sunday, April 16, 2017

Technical Analysis Apr 2017: DELEUM (5132)


DELEUM BERHAD 

Observation from Chart:-

DELEUM forming bolinger band squeeze within RM0.99 & RM1.08 range.

When will it breakout the band?

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

Immediate resistance @ RM1.08 level.
Subsequent resistance @ RM1.12 level.

Immediate support @ RM0.99 level.
Subsequent support @ RM0.95 level.

Let's watch closely

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