Technical Analysis Jun 2017: MBSB (1171)
MALAYSIA BUILDING SOCIETY BERHAD
Observation from Chart:
MBSB forming ascending triangle pattern.
Will it breakout & go higher?
Other indicator:-
MACD trade at positive region.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM1.35 level.
Subsequent resistance @ RM1.42 level.
Immediate support @ RM1.27 level
Subsequent support @ RM1.17 level.
If breakout RM1.35 resistance level, higher high is confirm.
Uptrend will resume.
Let's watch closely...
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