Friday, June 2, 2017

Technical Analysis Jun 2017: BSTEAD (2771)



BOUSTEAD HOLDINGS BERHAD 

Observation From Chart:

BSTEAD succeed breakout downtrend resistance level.

How high will it go?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary

Immediate resistance @ RM2.75 level.
Subsequent resistance @ RM2.85 level.

Immediate support @ RM2.60 level
Subsequent support @ RM2.42 level.

Let's watch closely.

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