Thursday, May 18, 2017

Technical Analysis May 2017: PWORTH (7123)


Observation from Chart:-

PWORTH (7123) forming higher high & higher low

How high will it go?

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

Immediate resistance @ RM0.33 level.
Subsequent resistance @ RM0.405 level.

Immediate support @ RM0.255 level.
Subsequent support @ RM0.23 level.

Let's watch closely.

1 comment:

  1. The malaysia market has ticked lower back to back sessions. To know more and to get calls click - Stock market calls