SUNWAY HOLDING BERHAD
Observation from chart:-
SUNWAY gap up after announcement "Proposed BONUS ISSUE of Shares".
Will it close the gap up?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate resistance @ RM4.05 level,
If breakout RM4.05, higher high is form. Uptrend will resume.
.
Immediate support @ RM3.87 level.
Subsequent support @ RM3.73 level.
Let's watch closely for opportunity.
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