Friday, June 23, 2017

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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