Tuesday, June 13, 2017

Technical Analysis Jun 2017: DIGI (6947)



DIGI.COM BHD 

Observation from Chart:-

DIGI forming descending triangle pattern?

Will it breakout resistance level?

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

Immediate support @ RM4.88 level.
Subsequent support @ RM4.80 level.

Immediate resistance @ RM5.00 level.
Subsequent resistance @ RM5.05 level.

Let's watch closely.

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