Monday, May 29, 2017

Technical Analysis May 2017: SIGN (7246)



SIGNATURE INTERNATIONAL BERHAD 

Observation from Chart:-

SIGN (7246) forming higher high & higher low.

Will it duplicate previous pattern?

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

Immediate resistance @ RM1.04 level.
Subsequent resistance @ RM1.07 level.

Immediate support @ RM1.01 level.
Subsequent support @ RM0.93 level.

Let's watch closely.

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