Technical Analysis Jun 2017: GHLSYS (0021)
GHL SYSTEMS BHD
Observation from Chart:-
GHLSYS (0021) forming bolinger band squeeze.
Will it breakout RM1.60 level & go higher?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call.
Immediate support @ RM1.36 level.
Subsequent support @ RM1.29 level.
Immediate resistance @ RM1.60 level.
If able breakout RM1.60, higher high is confirm. Uptrend will resume.
Let's watch closely.
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