Technical Analysis Apr 2017: MAGNUM (3859)
MAGNUM BERHAD
Observation from Chart:-
MAGNUM forming descending triangle pattern.
Will it breakout the resistance?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K trigger BUY call, pending confirmation.
Immediate support @ RM2.08 level.
Subsequent support @ RM2.04 level.
Immediate resistance @ RM2.15 level
Subsequent resistance @ RM2.21 level.
Let's watch closely...
0 comments:
Post a Comment