Technical Analysis May 2017: SCABLE (5170)
SARAWAK CABLE BERHAD
Observation from Chart:-
SCABLE forming ascending triangle pattern?
Will it retest support level?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM1.17 level.
Subsequent resistance @ RM1.17 level.
Immediate support @ RM1.07 level.
Subsequent support @ RM1.02 level.
Let's watch closely.
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