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.
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