Monday, April 24, 2017

Technical Analysis Apr 2017: SENDAI (5205)



EVERSENDAI CORPORATION BERHAD 

Observation from Chart:

SENDAI (5205) forming higher high & higher low.

Will it retest uptrend resistance level?

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

Immediate resistance @ RM0.86 level.
Subsequent resistance @ RM1.00 level.

Immediate support @ RM0.75 level.
Subsequent support @ RM0.70 level.

Let's watch closely.

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