Sunday, July 23, 2017

Technical Analysis July 2017: HLFG (1082)


HONG LEONG FINANCIAL GROUP BERHAD 

Observation from Chart:

HLFG (1082) retest uptrend support level.

Will it rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K trigger SELL call, pending confirmation.

Immediate resistance @ RM17.10 level.
Subsequent resistance @ RM17.50 level.

Immediate support @ RM16.40 level.
Subsequent support @ RM16.24 level.

Let's watch closely.

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