Tuesday, June 13, 2017

Technical Analysis Jun 2017: SUPERMX (7106)



SUPERMAX CORPORATION BERHAD 

Observation From Chart:-

SUPERMX succeed breakout downtrend line & consolidate sideway.

How high will it go?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM2.11 level.
Subsequent resistance @ RM2.16 level.

Immediate support @ RM1.99 level.
Subsequent support @ RM1.90 level.

Let's watch closely

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