Wednesday, June 14, 2017

Technical Analysis Jun 2017: WELLCAL (7231)



WELLCALL HOLDINGS BHD 

Observation from Chart:

WELLCAL forming higher high & higher low

Will it rebound at uptrend support level?

Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.

Immediate resistance @ RM2.36 level
Subsequent resistance @ RM2.54 level.

Immediate support @ RM2.15 level.
Subsequent support @ RM2.00 level.

Let's watch closely...

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