Wednesday, June 7, 2017

Technical Analysis Jun 2017: TA (4898)



TA ENTERPRISE BERHAD

Observation from Chart:-

TA (4898) break uptrend support level ?

Will it form higher low & resume the uptrend?

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

Immediate support @ RM0.66 level.
Subsequent support @ RM0.63 level.

Immediate resistance @ uptrend line level.
Subsequent resistance @ RM0.72 level.

If higher low is formed, high possibility will resume uptrend.
If lower low is formed, it might retrace down retest strong support level & consolidate.

Let's watch closely.

0 comments:

Post a Comment