Sunday, July 30, 2017

Technical Analysis July 2017: CAREPLS (0163)


CAREPLUS GROUP BERHAD (0163) 

Observation from Chart:-

CAREPLS forming ascending triangle pattern?

Will it breakout RM0.44 resistance level & go higher?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K pending BUY call.

Immediate support @ RM0.40 level.
Subsequent suport @ RM0.38 level.

Immediate resistance @ RM0.44 level.
Subsequent resistance @ RM0.50 level.

Let's watch closely.

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