Friday, June 23, 2017

Technical Analysis Jun 2017: CUSCAPI (0051)



CUSCAPI BHD 

Observation from Chart:-

CUSCAPI retest RM0.24 strong support level.

Will it rebound or break the support?

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

Immediate support @ RM0.24 level.
Subsequent resistance @ RM0.21 level.

Immediate resistance @ RM0.27 level
Subsequent resistance @ RM0.285 level.

Let's watch closely.

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