Monday, June 12, 2017

Technical Analysis Jun 2017: FIBON (0149)


FIBON BERHAD 

Observation from Chart:-

FIBON (0149) succeed breakout downtrend resistance level.

How high will it go?

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

Immediate resistance @ RM0.715 level.
Subsequent resistance @ RM0.76 level

Immediate support @ RM0.625 level.
Subsequent support @ RM0.61 level.

Let's watch closely

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