Monday, July 17, 2017

Technical Analysis July 2017: HUAYANG (5062)


HUA YANG BERHAD 

Observation from Chart:-

HUAYANG (5062) break the bolinger band support level.

Will it technical rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on SELL call itinerary.

Immediate resistance @ RM1.00 level.
Subsequent resistance @ RM1.05 level.

Immediate support @ RM0.92 level.
Subsequent support @ RM0.87 level.

Let's watch closely...

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