Technical Analysis July 2017: FAJAR (7047)
FAJARBARU BUILDER GROUP BHD
Observation from Chart:-
FAJAR (7047) forming bolinger band squeeze.
Will it breakout & go higher?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM1.00 level.
If breakout RM1.00, higher high is confirm. Uptrend will resume.
Immediate support @ RM0.90 level.
Subsequent support @ RM0.80 level.
Let's watch closely...
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