Sunday, April 23, 2017

Technical Analysis Apr 2017: HUAYANG (5062)


HUA YANG BERHAD

Observation from Chart:-

HUAYANG (5062) consolidate within RM1.15 & RM1.05 range since Nov 2016

Will it breakout the bolinger band squeeze?

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

Immediate resistance @ RM1.15 level.
Subsequent resistance @ RM1.19 level.

Immediate support @ RM1.05 vel.
Subsequent support @ RM0.99 level.

Let watch closely...

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