Technical Analysis Apr 2017: OWG (5260)
ONLY WORLD GROUP HOLDINGS BERHAD (5260)
Observation from Chart:-
OWG retrace down from RM2.50 high to RM1.88 level (approx -25%.)
Will it rebound at this support level?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K @ pending trigger buy call.
Immediate support @ RM1.88 level.
Subsequent support @ RM1.83 level.
Immediate resistance @ RM2.02 level.
Subsequent resistance @ RM2.15 level.
Let's watch closely.
0 comments:
Post a Comment