Technical Analysis Jun 2017: MPAY (0156)
MANAGEPAY SYSTEMS BERHAD (0156)
Observation from Chart:-
MPAY (0156) forming lower high & lower low.
How low will it go?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on SELL call itinerary.
Immediate support @ RM0.18 level.
Subsequent support @ RM0.15 level.
Immediate resistance @ RM0.22 level.
Subsequent resistance @ RM0.25 level.
Let's watch closely
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