Technical Analysis May 2017: ECOWLD (8206)
ECO WORLD DEVELOPMENT GROUP BERHAD (8206)
Observation From Chart:-
ECOWLD forming bolinger band squeeze
When will it breakout ?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM1.59 level.
Subsequent resistance @ RM1.63 level.
Immediate support @ RM1.45 level
Subsequent support @ RM1.40 level.
Let's watch closely
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