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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