Monday, April 3, 2017

Technical Analysis Apr 2017: WCT (9679)


WCT BERHAD 

Observation from Chart:-

WCT succeed breakout symmetrical triangle pattern on 30 March 2017.

How high will it go?

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

Immediate support @ RM1.80 level.
Subsequent support @ RM1.725 level.

Immediate resistance @ RM2.10 level
Subsequent resistance @ RM2.15 level.

Let's watch closely.

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